Krueger Todd 4
4 · Telesis Bio Inc. · Filed Jul 26, 2024
Insider Transaction Report
Form 4
Telesis Bio Inc.TBIO
Krueger Todd
Director
Transactions
- Award
Stock Option (right to buy)
2024-07-24+5,268→ 5,268 totalExercise: $4.10Exp: 2034-07-24→ Common Stock (5,268 underlying) - Award
Common Stock
2024-07-24+8,390→ 8,390 total
Footnotes (2)
- [F1]These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Telesis Bio Inc.'s (the "Issuer") Common Stock. Subject to the Reporting Person's continuing as a Service Provider (as defined in the Issuer's 2021 Stock Incentive Plan (the "Plan")) through each applicable vesting date, (i) with respect to 3,512 RSUs, one-third (1/3rd) of such RSUs shall vest on each annual anniversary of the Grant Date and (ii) 4,878 RSUs shall vest in full on January 1, 2025. "Grant Date" shall mean July 24, 2024.
- [F2]Subject to the Reporting Person's continuing as a Service Provider (as defined in the Plan) through each applicable vesting date, one thirty-sixth (1/36th) of the Shares subject to the Option shall vest in equal monthly installments following the Grant Date on the same day of the month as the Grant Date. "Grant Date" shall mean July 24, 2024.