Atillasoy Ercem 4
4 · Allovir, Inc. · Filed Jul 31, 2020
Insider Transaction Report
Form 4
Allovir, Inc.ALVR
Atillasoy Ercem
See Remarks
Transactions
- Award
Common Stock
2020-07-29+75,000→ 75,000 total - Award
Stock Option (Right to Buy)
2020-07-29+407,400→ 407,400 totalExercise: $17.00Exp: 2030-07-29→ Common Stock (407,400 underlying)
Footnotes (2)
- [F1]The shares reported in this transaction represent Restricted Stock Units ("RSUs") issued under the AlloVir, Inc. 2020 Stock Option and Grant Plan (the "Plan"). Each RSU represents the contingent right to receive one share of the Issuer's Common Stock. 25% of the RSUs shall vest on July 20, 2021, with the remainder vesting in twelve equal quarterly installments thereafter. In the event of the Reporting Person's termination without cause or for good reason, the RSUs shall immediately vest in full.
- [F2]25% of this option shall vest and become exercisable on July 20, 2021, with the remainder vesting in twelve equal quarterly installments thereafter.