Petrini Maria Carolina 4
4 · Aravive, Inc. · Filed Apr 11, 2023
Insider Transaction Report
Form 4
Aravive, Inc.ARAV
Petrini Maria Carolina
Chief Commercial Officer
Transactions
- Award
Nonqualified Stock Option (Right to Buy)
2023-04-10+400,000→ 400,000 totalExercise: $1.86From: 2024-04-10Exp: 2033-04-09→ Common Stock (400,000 underlying)
Footnotes (2)
- [F1]The option has been granted pursuant to an inducement award agreement outside of the Issuer's 2019 Equity Incentive Plan as a material inducement to the Reporting Person's acceptance of employment with the Issuer in accordance with Nasdaq Listing Rule 5635(c)(4).
- [F2]The vesting schedule for this nonqualified stock option is as follows: 25% of the shares subject to the option will vest on the one-year anniversary of the date of the grant, and the remaining 75% of the shares subject to the option will vest in equal monthly installments over the next 36 months subject to the Reporting Person's continued employment with the Issuer on each vesting date.