Fehlner Paul 4
4 · Axcella Health Inc. · Filed Feb 11, 2021
Insider Transaction Report
Form 4
Fehlner Paul
SVP & Chief IP Officer
Transactions
- Award
Restricted Stock Units
2021-02-09+42,500→ 42,500 total→ Common Stock (42,500 underlying) - Award
Stock Option (Right to Buy)
2021-02-09+85,000→ 85,000 totalExercise: $6.59Exp: 2031-02-08→ Common Stock (85,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of AXLA common stock.
- [F2]The restricted stock units vest as follows: 1/3 of the grant shall vest on February 9, 2023 and the remaining 2/3 of the grant shall vest on February 9, 2024.
- [F3]25% of this option shall vest and become exercisable on February 9, 2022, with the remainder vesting in 12 equal quarterly installments thereafter