Wallach Sandra 4
4 · Amprius Technologies, Inc. · Filed Sep 16, 2022
Insider Transaction Report
Form 4
Wallach Sandra
Chief Financial Officer
Transactions
- Award
Stock Option (right to buy)
2022-09-14+582,360→ 582,360 totalExercise: $1.78Exp: 2031-08-22→ Common Stock (582,360 underlying) - Award
Stock Option (right to buy)
2022-09-14+145,590→ 145,590 totalExercise: $2.61Exp: 2032-04-13→ Common Stock (145,590 underlying)
Footnotes (3)
- [F1]1/4 of the total number of shares issuable upon exercise of the option vested on July 26, 2022, and 1/48 of the total number of shares issuable upon exercise of the option vest monthly thereafter until fully vested on July 26, 2025.
- [F2]On September 14, 2022, the Issuer completed a business combination (the "Business Combination") pursuant to the Business Combination Agreement, by and among the Issuer, a wholly owned subsidiary of the Issuer, and Amprius Technologies Operating, Inc. ("Legacy Amprius") At the effective time of the Business Combination (the "Effective Time"), each Legacy Amprius option was converted into an option to purchase a number of shares of Common Stock of the Issuer equal to the product (rounded down to the nearest whole number) of (i) the number of shares of Legacy Amprius common stock subject to the Legacy Amprius option immediately prior to the Effective Time multiplied by (ii) an exchange ratio of approximately 1.45590, at an exercise price per share (rounded up to the nearest whole cent) equal to (A) the exercise price per share of such Legacy Amprius option immediately prior to the Effective Time divided by (B) the Exchange Ratio.
- [F3]1/48 of the total number of shares issuable upon exercise of the option vested on February 1, 2023, and 1/48 of the total number of shares issuable upon exercise of the option vest monthly thereafter until fully vested on January 1, 2027.