4//SEC Filing
Chardonnet Laurent 4
Accession 0001104659-21-020988
CIK 0001633070other
Filed
Feb 10, 7:00 PM ET
Accepted
Feb 11, 9:28 PM ET
Size
20.6 KB
Accession
0001104659-21-020988
Insider Transaction Report
Form 4
Chardonnet Laurent
Chief Financial Officer
Transactions
- Award
Common Stock
2020-10-30$3.60/sh+2,601$9,364→ 6,266 total - Award
Restricted Stock Units
2021-02-09+60,000→ 60,000 total→ Common Stock (60,000 underlying) - Award
Stock Option (Right to Buy)
2021-02-09+120,000→ 120,000 totalExercise: $6.59Exp: 2031-02-08→ Common Stock (120,000 underlying) - Award
Stock Option (Right to Buy)
2021-02-09+25,000→ 25,000 totalExercise: $3.40Exp: 2029-12-17→ Common Stock (25,000 underlying)
Footnotes (7)
- [F1]The reporting person is voluntarily reporting the acquisition of shares of the Issuer's common stock pursuant to the Axcella Health Inc. Employee Stock Purchase Plan ("ESPP") for the ESPP purchase period of May 1, 2020 to October 30, 2020.
- [F2]In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the Issuer's common stock on October 30, 2020.
- [F3]Each restricted stock unit ("RSU") represents a contingent right to receive one share of AXLA common stock.
- [F4]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.
- [F5]25% of this option shall vest and become exercisable on February 9, 2022, with the remainder vesting in 12 equal quarterly installments thereafter.
- [F6]On December 18, 2019, the reporting person was granted an option to purchase 25,000 shares of AXLA common stock, subject to the satisfaction of certain performance criteria. On February 9, 2021, the Issuer's Board of Directors confirmed that the performance criteria had been met.
- [F7]This option shall vest and become exercisable in eight equal quarterly installments, with the first installment having vested on August 31, 2020.
Issuer
Axcella Health Inc.
CIK 0001633070
Entity typeother
Related Parties
1- filerCIK 0001329010
Filing Metadata
- Form type
- 4
- Filed
- Feb 10, 7:00 PM ET
- Accepted
- Feb 11, 9:28 PM ET
- Size
- 20.6 KB