Pacitti David 4
4 · Orchestra BioMed Holdings, Inc. · Filed Mar 28, 2024
Insider Transaction Report
Form 4
Pacitti David
Director
Transactions
- Award
Stock Option (Right to Buy)
2024-03-26+34,633→ 34,633 totalExercise: $5.00Exp: 2034-03-26→ Common Stock (34,633 underlying) - Award
Common Stock, par value $0.0001 per share ("Common Stock")
2024-03-26+10,000→ 12,170 total
Footnotes (2)
- [F1]Represents an award of restricted stock units ("RSUs") awarded to the Reporting Person on March 26, 2024. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs vest as follows: (1) 2,000 RSUs vest on June 20, 2024 (the "Vesting Date") and (2) the remaining 8,000 RSUs vest in three equal, annual installments beginning on the first anniversary of the Vesting Date, subject to the Reporting Person's continuous service through such dates.
- [F2]The stock options shall vest as follows: (1) 7,302 stock options shall vest on the Vesting Date and (2) the remaining 27,331 stock options shall vest in three equal, annual installments beginning on the first anniversary of the Vesting Date, subject to the Reporting Person's continuous service through such date.