Armenta Anthony 4
4 · Serve Robotics Inc. /DE/ · Filed Nov 13, 2024
Insider Transaction Report
Form 4
Armenta Anthony
Chief Software & Data Officer
Transactions
- Award
Common Stock
2024-11-11+440,000→ 476,715 total
Footnotes (1)
- [F1]Represents shares of Common Stock underlying a time-based restricted stock unit award ("RSU"). The RSU will vest as to 1/4th of the total number of shares on the 1-year anniversary of November 11, 2024 (the "Cliff Period"), and 1/48th of the total number of shares shall vest on each monthly anniversary thereafter, for a total vesting period of 48 months. The equity award is subject to a pro rata acceleration upon an Involuntary Termination or Resignation for Good Reason (each as defined in the Offer Letter, dated as of November 2, 2024, by and between the Reporting Person and Serve Operating Co.) within the Cliff Period based on the number of months of service provided to the Company.