Schorer Scott 4
4 · GI DYNAMICS, INC. · Filed Nov 14, 2018
Insider Transaction Report
Form 4
Schorer Scott
President and CEO
Transactions
- Award
Stock Option (right to buy)
2018-11-12+300,000→ 300,000 totalExercise: $0.72Exp: 2018-11-12→ Common Stock (300,000 underlying)
Footnotes (1)
- [F1]The option vests over a four (4) year period, with one quarter (1/4) of the shares vesting on the one (1) year anniversary of the date of grant, and the remaining shares vesting in equal amounts on a monthly basis over the following three (3) years until November 12, 2022. In the event of a change of control of the Issuer, the option shall become vested in full.