4//SEC Filing
DANIELI ILAN 4
Accession 0001104659-24-097784
CIK 0001043961other
Filed
Sep 5, 8:00 PM ET
Accepted
Sep 6, 5:06 PM ET
Size
35.6 KB
Accession
0001104659-24-097784
Insider Transaction Report
Form 4
Precipio, Inc.PRPO
DANIELI ILAN
DirectorChief Executive Officer
Transactions
- Award
Stock Option (Right to Buy)
2024-08-31+3,000→ 3,000 totalExercise: $6.56Exp: 2030-01-16→ Common Stock (3,000 underlying) - Award
Stock Option (Right to Buy)
2024-08-31+222→ 222 totalExercise: $6.56Exp: 2027-09-26→ Common Stock (222 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2024-08-31−833→ 0 totalExercise: $45.00Exp: 2029-03-18→ Common Stock (833 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2024-08-31−16,250→ 0 totalExercise: $30.80Exp: 2032-01-11→ Common Stock (16,250 underlying) - Award
Stock Option (Right to Buy)
2024-08-31+16,250→ 16,250 totalExercise: $6.56Exp: 2032-01-11→ Common Stock (16,250 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2024-08-31−222→ 0 totalExercise: $561.00Exp: 2027-09-26→ Common Stock (222 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2024-08-31−3,333→ 0 totalExercise: $213.00Exp: 2028-02-16→ Common Stock (3,333 underlying) - Award
Stock Option (Right to Buy)
2024-08-31+3,333→ 3,333 totalExercise: $6.56Exp: 2028-02-16→ Common Stock (3,333 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2024-08-31−3,000→ 0 totalExercise: $42.80Exp: 2030-01-16→ Common Stock (3,000 underlying) - Award
Stock Option (Right to Buy)
2024-08-31+18,000→ 18,000 totalExercise: $6.56Exp: 2031-03-08→ Common Stock (18,000 underlying) - Award
Stock Option (Right to Buy)
2024-08-31+3,333→ 3,333 totalExercise: $6.56Exp: 2031-01-04→ Common Stock (3,333 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2024-08-31−3,333→ 0 totalExercise: $42.00Exp: 2031-01-04→ Common Stock (3,333 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2024-08-31−18,000→ 0 totalExercise: $64.40Exp: 2031-03-08→ Common Stock (18,000 underlying) - Award
Stock Option (Right to Buy)
2024-08-31+833→ 833 totalExercise: $6.56Exp: 2029-03-18→ Common Stock (833 underlying)
Footnotes (3)
- [F1]On August 30, 2024, the Issuer's Board of Directors approved an option repricing (the "Repricing"), effective as of August 31, 2024 (the "Effective Date"). All of the other terms of the options remain unchanged. Such transactions were exempt pursuant to Rule 16b-6(d) and Rule 16b-3 of the Exchange Act, as applicable.
- [F2]This stock option award was issued pursuant to the Company's Amended and Restated 2017 Stock Option and Incentive Plan, as amended, (the "2017 Plan") and become exercisable so that 25% of the options shall vest on the first anniversary of the date of grant and, commencing one month thereafter, the remainder shall vest in 36 equal monthly installments subject to the Reporting Person's continued service with the Issuer as of the applicable vesting date.
- [F3]The exercise price of the option is $6.56 per share, representing the fair market value per share of the Issuer's Common Stock on the Effective Date; provided that the repriced option will revert to its original exercise price if, prior to the first anniversary of the Effective Date, (a) the Reporting Person's service with the Issuer is terminated by the Issuer with cause or by the Reporting Person or (b) the option is exercised.
Documents
Issuer
Precipio, Inc.
CIK 0001043961
Entity typeother
Related Parties
1- filerCIK 0001433130
Filing Metadata
- Form type
- 4
- Filed
- Sep 5, 8:00 PM ET
- Accepted
- Sep 6, 5:06 PM ET
- Size
- 35.6 KB