4//SEC Filing
Braga Damian 4
Accession 0001493152-20-004653
CIK 0000764195other
Filed
Mar 23, 8:00 PM ET
Accepted
Mar 24, 9:44 PM ET
Size
6.2 KB
Accession
0001493152-20-004653
Insider Transaction Report
Form 4
Braga Damian
Director
Transactions
- Award
Option (Right to Buy Common Shares)
2020-03-24+250,000→ 250,000 totalExercise: $0.81Exp: 2030-03-24→ Common Shares (250,000 underlying)
Footnotes (2)
- [F1]The reporting person is a participant in the Issuer's Incentive Plan (the "Plan"). The board of directors of the Issuer approved the option grant on March 24, 2020 (the "Grant Date"). The options were granted pursuant to that certain option agreement entered into by and between the Issuer and the reporting person, dated March 24, 2020 (the "Option Agreement"). The options vest and become exercisable in 36 equal monthly installments beginning on the first day of the month following the Grant Date, subject to the reporting person's employment on the relevant vesting date.
- [F2]The options expire 10 years from the Grant Date unless terminated sooner in accordance with the Plan or the Option Agreement.
Documents
Issuer
VBI Vaccines Inc/BC
CIK 0000764195
Entity typeother
Related Parties
1- filerCIK 0001806410
Filing Metadata
- Form type
- 4
- Filed
- Mar 23, 8:00 PM ET
- Accepted
- Mar 24, 9:44 PM ET
- Size
- 6.2 KB