Scott Timothy Richard 4
4 · AXIM BIOTECHNOLOGIES, INC. · Filed Sep 23, 2022
Insider Transaction Report
Form 4
Scott Timothy Richard
Director
Transactions
- Award
Option
2020-05-13+500,000→ 500,000 totalExercise: $0.01Exp: 2030-03-13→ Common Stock (500,000 underlying)
Footnotes (1)
- [F1]Reporting Person acquired the option to purchase 500,000 shares of Issuer's common stock ("Option Shares") on May 13, 2020 (the "Date of Grant"). One-third of the Option Shares will vest on the Date of Grant; (iii) one-third of the Option Shares will vest six (6) months from the Date of Grant; and (iv) the remaining one-third of Option Shares shall vest twelve (12) Months from the Date of Grant, provided, however, that there has not been a Termination of Service as of such date. In no event shall the Option become exercisable for any additional Option Shares after a Termination of Service.