Nelson Steven Charles 4
4 · DarioHealth Corp. · Filed Jun 7, 2024
Insider Transaction Report
Form 4
Nelson Steven Charles
President and CCO
Transactions
- Award
Stock Option (right to buy)
2024-06-05+400,000→ 400,000 totalExercise: $1.35Exp: 2034-06-05→ Common Stock (400,000 underlying) - Award
Stock Option (right to buy)
2024-06-05+1,200,000→ 1,350,000 totalExercise: $1.35Exp: 2034-06-05→ Common Stock (1,350,000 underlying) - Award
Stock Option (right to buy)
2024-06-05+500,000→ 500,000 totalExercise: $1.35Exp: 2034-06-05→ Common Stock (500,000 underlying)
Footnotes (3)
- [F1]The options vest as follows: 500,00 shares vest over three years in three equal yearly amounts, subject to the Reporting Person's continued services to the Issuer on the applicable vesting date.
- [F2]The options vest immediately upon achieving certain milestones relating to the achievement of revenues (on a U.S. generally accepted account principles basis) for the year ending December 31, 2024.
- [F3]The options vest as follows: 400,000 shares begin to vest over three years in 12 equal quarterly amounts upon achieving certain milestones relating to the achievement of revenues (on a U.S. generally accepted account principles basis) for each of the years ending December 31, 2025, December 31, 2026 and December 31, 2027.