Palasis Maria 4
4 · Lyra Therapeutics, Inc. · Filed Dec 11, 2024
Insider Transaction Report
Form 4
Palasis Maria
DirectorPresident & CEO
Transactions
- Award
Employee Stock Option (right to buy)
2024-12-09+183,333→ 183,333 totalExercise: $6.07Exp: 2034-03-20→ Common Stock (183,333 underlying)
Footnotes (1)
- [F1]On March 21, 2024, the Reporting Person was granted a performance stock option ("PSO") for an aggregate of up to 550,000 shares of common stock under the Issuer's 2020 Incentive Award Plan (the "Agreement"). Under the terms of the Agreement, the underlying PSO shares will vest upon certain milestone events. On December 9, 2024, the Issuer determined that Milestone 1 of the PSO was achieved, resulting in 183,333 PSOs being earned. The earned PSOs will vest on January 31, 2028.