Stewart Richard Alistair 4
4 · ACHIEVE LIFE SCIENCES, INC. · Filed Jan 14, 2025
Insider Transaction Report
Form 4
Stewart Richard Alistair
DirectorChief Executive Officer
Transactions
- Award
Stock Option (right to buy)
2025-01-13+67,500→ 67,500 totalExercise: $3.32Exp: 2035-01-13→ Common Stock (67,500 underlying) - Award
Performance Restricted Stock Unit (PRSU)
2025-01-13+157,500→ 157,500 totalExp: 2029-01-13→ Common Stock (157,500 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 1/3 of the total award on the first anniversary of August 26, 2024, and thereafter in substantially equal monthly installments over 24 months, subject to the Reporting Person's provision of service to the Issuer on each vesting date.