Beers David C 4
4 · Celularity Inc · Filed Apr 28, 2022
Insider Transaction Report
Form 4
Celularity IncCELU
Beers David C
Chief Financial Officer
Transactions
- Award
Stock Option (Right to Buy)
2022-04-13+120,251→ 120,251 totalExercise: $10.16Exp: 2032-04-13→ Class A Common Stock (120,251 underlying) - Award
Class A Common Stock
2022-04-13+41,011→ 41,011 total
Footnotes (2)
- [F1]These shares represent restricted stock units ("RSUs") granted under the Celularity Inc. 2021 Plan, with each RSU representing a right to receive one share of the Issuer's Class A Common Stock. The RSUs is subject to time-based vesting over a four-year period, with 25% vesting on the one-year anniversary of the grant date, and the remainder vesting in equal annual installments thereafter so that vested in full on the four-year anniversary of the grant date, and subject to the Reporting Person's continuous service on each vesting date.
- [F2]This option shall vest and become exercisable over a four-year period, with 25% of the option vesting on the one-year anniversary of the grant date, and the remainder vesting in equal monthly installments thereafter so that vested in full on the four-year anniversary of the grant date, and subject to the Reporting Person's continuous service on each vesting date.