Home/Filings/4/0001104659-24-097785
4//SEC Filing

Gage Matthew 4

Accession 0001104659-24-097785

CIK 0001043961other

Filed

Sep 5, 8:00 PM ET

Accepted

Sep 6, 5:06 PM ET

Size

35.5 KB

Accession

0001104659-24-097785

Insider Transaction Report

Form 4
Period: 2024-08-31
Gage Matthew
Chief Financial Officer
Transactions
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2024-08-313750 total
    Exercise: $42.80Exp: 2030-01-16Common Stock (375 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2024-08-311660 total
    Exercise: $213.00Exp: 2028-02-16Common Stock (166 underlying)
  • Award

    Stock Option (Right to Buy)

    2024-08-31+166166 total
    Exercise: $6.56Exp: 2028-02-16Common Stock (166 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2024-08-311330 total
    Exercise: $45.00Exp: 2029-03-18Common Stock (133 underlying)
  • Award

    Stock Option (Right to Buy)

    2024-08-31+400400 total
    Exercise: $6.56Exp: 2030-10-20Common Stock (400 underlying)
  • Award

    Stock Option (Right to Buy)

    2024-08-31+133133 total
    Exercise: $6.56Exp: 2029-03-18Common Stock (133 underlying)
  • Award

    Stock Option (Right to Buy)

    2024-08-31+375375 total
    Exercise: $6.56Exp: 2030-01-16Common Stock (375 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2024-08-311,0000 total
    Exercise: $30.80Exp: 2032-01-11Common Stock (1,000 underlying)
  • Award

    Stock Option (Right to Buy)

    2024-08-31+1,0001,000 total
    Exercise: $6.56Exp: 2032-01-11Common Stock (1,000 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2024-08-311,2500 total
    Exercise: $64.20Exp: 2031-08-07Common Stock (1,250 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2024-08-314000 total
    Exercise: $44.80Exp: 2030-10-20Common Stock (400 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2024-08-315000 total
    Exercise: $42.00Exp: 2031-01-04Common Stock (500 underlying)
  • Award

    Stock Option (Right to Buy)

    2024-08-31+1,2501,250 total
    Exercise: $6.56Exp: 2031-08-07Common Stock (1,250 underlying)
  • Award

    Stock Option (Right to Buy)

    2024-08-31+500500 total
    Exercise: $6.56Exp: 2031-01-04Common Stock (500 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.

Issuer

Precipio, Inc.

CIK 0001043961

Entity typeother

Related Parties

1
  • filerCIK 0001920432

Filing Metadata

Form type
4
Filed
Sep 5, 8:00 PM ET
Accepted
Sep 6, 5:06 PM ET
Size
35.5 KB