Ray Nitya G. 4
4 · CytoDyn Inc. · Filed Aug 10, 2021
Insider Transaction Report
Form 4
CytoDyn Inc.CYDY
Ray Nitya G.
See Remarks
Transactions
- Award
Common stock
2021-08-06+34,801→ 234,801 total - Award
Non-qualified stock option (right to buy)
2021-08-06+500,000→ 500,000 totalExercise: $1.32Exp: 2031-08-06→ Common stock (500,000 underlying) - Award
Common stock
2021-08-06+52,500→ 287,301 total
Footnotes (3)
- [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]Represents shares received in satisfaction of performance share award based on the achievement of specified performance goals for the fiscal year ended May 31, 2021, as determined by the issuer's compensation committee of the board of directors.
- [F3]The option vests in three equal annual installments beginning on August 6, 2022.