Blok Tyler 4
4 · CytoDyn Inc. · Filed Jan 5, 2024
Insider Transaction Report
Form 4
CytoDyn Inc.CYDY
Blok Tyler
EVP of Legal Affairs
Transactions
- Disposition to Issuer
Non-qualified stock option (right to buy)
2024-01-03−100,000→ 0 totalExercise: $0.67Exp: 2032-07-25→ Common Stock (100,000 underlying) - Award
Non-qualified stock option (right to buy)
2024-01-03+100,000→ 100,000 totalExercise: $0.21Exp: 2032-07-25→ Common Stock (100,000 underlying) - Award
Non-qualified stock option (right to buy)
2024-01-03+1,000,000→ 1,000,000 totalExercise: $0.21Exp: 2034-01-03→ Common Stock (1,000,000 underlying)
Holdings
- 250(indirect: By Spouse)
Common Stock
Footnotes (4)
- [F1]25% of the grant vested on July 25, 2023, with the balance vesting in equal monthly installments at the conclusion of each month of Continuous Service (as the term is defined in the Issuer's 2012 Equity Incentive Plan, as amended) beginning at the end of August 2023 through July 2026.
- [F2]The outstanding option was cancelled in exchange for a new option having a lower exercise price.
- [F3]35,415 shares vested on January 3, 2024; the balance will vest in equal monthly installments at the conclusion of each month of Continuous Service beginning at the end of January 2024 through July 2026.
- [F4]145,831 shares vested on January 3, 2024; the balance will vest in equal monthly installments at the conclusion of each month of Continuous Service beginning at the end of January 2024 through May 2027.