4//SEC Filing
KING THOMAS BRAXTON 4
Accession 0000950170-25-005392
CIK 0000949858other
Filed
Jan 13, 7:00 PM ET
Accepted
Jan 14, 4:42 PM ET
Size
8.0 KB
Accession
0000950170-25-005392
Insider Transaction Report
Form 4
KING THOMAS BRAXTON
DirectorExecutive Chairman
Transactions
- Award
Performance Restricted Stock Unit (PRSU)
2025-01-13+455,000→ 455,000 totalExp: 2029-01-13→ Common Stock (455,000 underlying) - Award
Stock Option (right to buy)
2025-01-13+195,000→ 195,000 totalExercise: $3.32Exp: 2035-01-13→ Common Stock (195,000 underlying)
Footnotes (3)
- [F1]Each PRSU represents a contingent right to receive one share of the issuer's common stock at settlement.
- [F2]Pursuant to the terms of the award agreement governing the PRSU, the total number of shares underlying the PRSU vest on the achievement of one of certain milestones being met. The PRSUs will lapse in full if achievement of at least one of the milestones is not met.
- [F3]The option will vest as to 1/4 of the total award on the first anniversary of August 26, 2024, and thereafter in substantially equal monthly installments over 36 months, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
Documents
Issuer
ACHIEVE LIFE SCIENCES, INC.
CIK 0000949858
Entity typeother
Related Parties
1- filerCIK 0001279309
Filing Metadata
- Form type
- 4
- Filed
- Jan 13, 7:00 PM ET
- Accepted
- Jan 14, 4:42 PM ET
- Size
- 8.0 KB