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4//SEC Filing

Altarac David 4

Accession 0001104659-22-023770

CIK 0001724344other

Filed

Feb 14, 7:00 PM ET

Accepted

Feb 15, 4:01 PM ET

Size

8.4 KB

Accession

0001104659-22-023770

Insider Transaction Report

Form 4
Period: 2021-07-16
Altarac David
Chief Medical Officer
Transactions
  • Award

    Employee Stock Option (Right to Buy)

    2021-07-16+92.30792,307 total
    Exercise: $2.44Exp: 2031-07-15Common Stock (92,307 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2021-07-16120,0000 total
    Exercise: $5.70Exp: 2029-11-03Common Stock (120,000 underlying)
Footnotes (3)
  • [F1]The option provided for vesting as follows: Twenty-five percent (25%) of the option award will vest on November 4, 2020, and one thirty-sixth (1/36th) of the remaining shares subject to the option will vest each month thereafter, subject to the Reporting Person continuing to provide service through each such date.
  • [F2]On July 16, 2021, the issuer canceled, pursuant to the issuer's option exchange program, an option for 120,000 shares of issuer's common stock granted to the Reporting Person on November 4, 2019. In exchange, the Reporting Person received a replacement option for 92,307 shares of issuer's common stock, having an exercise price of $2.44 per share.
  • [F3]Sixty-seven percent (67%) of this award will vest on July 16, 2022, and one-sixteenth of the remaining shares subject to the option will vest monthly following July 16, 2022, subject to the Reporting Person's continuing to provide service through each such date.

Issuer

Entasis Therapeutics Holdings Inc.

CIK 0001724344

Entity typeother

Related Parties

1
  • filerCIK 0001792615

Filing Metadata

Form type
4
Filed
Feb 14, 7:00 PM ET
Accepted
Feb 15, 4:01 PM ET
Size
8.4 KB