4//SEC Filing
Bertram Timothy 4
Accession 0001209191-22-054426
CIK 0001850270other
Filed
Oct 23, 8:00 PM ET
Accepted
Oct 24, 5:47 PM ET
Size
6.1 KB
Accession
0001209191-22-054426
Insider Transaction Report
Form 4
PROKIDNEY CORP.PROK
Bertram Timothy
DirectorChief Executive Officer
Transactions
- Award
Employee stock option (right to buy)
2022-10-20+3,639,607→ 3,639,607 totalExercise: $10.33Exp: 2032-10-20→ Class A Ordinary Shares (3,639,607 underlying)
Footnotes (1)
- [F1]Awards vest and become exercisable based on the satisfaction of both time and performance vesting conditions. The performance vesting conditions become satisfied in equal one-third tranches upon the Company's Class A ordinary shares exceeding a volume weighted average price hurdle of $15.00, $20.00 and $25.00, respectively, for 20 trading days within any 30 consecutive trading day period occurring prior to July 11, 2027. Once the performance vesting condition for a tranche is satisfied, such tranche will continue to be subject to time-vesting conditions and will vest ratably on each of the first, second and third anniversaries of the date that such tranche satisfied the performance vesting condition described above.
Documents
Issuer
PROKIDNEY CORP.
CIK 0001850270
Entity typeother
Related Parties
1- filerCIK 0001488033
Filing Metadata
- Form type
- 4
- Filed
- Oct 23, 8:00 PM ET
- Accepted
- Oct 24, 5:47 PM ET
- Size
- 6.1 KB