MICEK JOHN 4
4 · Jaguar Health, Inc. · Filed Jul 26, 2019
Insider Transaction Report
Form 4
MICEK JOHN
Director
Transactions
- Award
Stock Option (right to buy)
2019-07-24+121,573→ 121,573 totalExercise: $1.73Exp: 2022-07-24→ Common Stock (121,573 underlying)
Footnotes (3)
- [F1]Granted pursuant to the issuer's 2014 Equity Incentive Plan.
- [F2]The option grant was approved by the issuer's board of directors on July 19, 2019, subject to James J. Bochnowski, the chairman of the board of directors, and Karen S. Wright, the Chief Financial Officer of the issuer, determining the exact number of option shares to be granted per option based on the issuer's fully diluted shares outstanding following the issuer's underwritten public offering that closed on July 23, 2019. Mr. Bochnowski and Ms. Wright certified the exact number of option shares to be granted on July 24, 2019, such that the effective date of the option grant was July 24, 2019.
- [F3]Vests in equal monthly installments beginning on July 24, 2019, with three months of options, or 10,131 options, vested as of the grant date based on the reporting person's number of years of service on the issuer's board of directors, such that the grant is vested in full on the 3-year anniversary of the grant date.