Recknor Chris P 4
4 · CytoDyn Inc. · Filed Aug 10, 2021
Insider Transaction Report
Form 4
CytoDyn Inc.CYDY
Recknor Chris P
Chief Operating Officer
Transactions
- Award
Non-qualified stock option (right to buy)
2021-08-06+1,450,000→ 1,450,000 totalExercise: $1.32Exp: 2031-08-06→ Common stock (1,450,000 underlying) - Award
Common stock
2021-08-06+19,384→ 686,050 total
Footnotes (2)
- [F1]Represents shares received in lieu of 50% of a cash incentive bonus paid for services performed during the fiscal year ended May 31, 2021, which may be paid (a) 100% in cash or (b) 50% in stock and 50% in cash, as determined by the issuer's compensation committee of the board of directors.
- [F2]The option vests in three equal annual installments beginning on August 6, 2022.