Arman Arvin Cyrus 4
4 · CytoDyn Inc. · Filed Sep 22, 2022
Insider Transaction Report
Form 4
CytoDyn Inc.CYDY
Arman Arvin Cyrus
President
Transactions
- Award
Common Stock
2022-09-20+646,552→ 646,552 total - Award
Non-qualified stock option (right to buy)
2022-09-20+1,575,557→ 1,575,557 totalExercise: $0.58Exp: 2032-09-20→ Common Stock (1,575,557 underlying)
Footnotes (2)
- [F1]Represents restricted stock units ("RSUs") granted pursuant to the Issuer's 2012 Equity Incentive Plan, as amended (the "Plan"). The RSUs will vest in four (4) equal annual installments beginning July 9, 2023, subject to Continuous Service (as the term is defined in the Plan) through the applicable vesting date.
- [F2]25% of the award will vest on July 9, 2023; thereafter, the balance will vest in 36 equal monthly installments, subject to Continuous Service (as the term is defined in the Plan) through the applicable vesting date.