Arnold Wendy S 4
4 · Frequency Therapeutics, Inc. · Filed Aug 19, 2022
Insider Transaction Report
Form 4
Arnold Wendy S
Chief People Officer
Transactions
- Award
Stock Option
2022-08-17+130,000→ 130,000 totalExercise: $2.14Exp: 2030-02-11→ Common Stock (130,000 underlying) - Disposition to Issuer
Stock Option
2022-08-17−130,000→ 0 totalExercise: $25.05Exp: 2030-02-11→ Common Stock (130,000 underlying) - Award
Stock Option
2022-08-17+75,000→ 75,000 totalExercise: $2.14Exp: 2031-01-14→ Common Stock (75,000 underlying) - Disposition to Issuer
Stock Option
2022-08-17−75,000→ 0 totalExercise: $35.85Exp: 2031-01-14→ Common Stock (75,000 underlying)
Footnotes (3)
- [F1]The option vests and becomes exercisable as to 25% on February 3, 2021 and in equal monthly installments on the same day of each month thereafter and will be fully vested and exercisable on February 3, 2024.
- [F2]The transaction reported herein reflects a one-time stock option repricing that became effective on August 17, 2022 and is being reported in this manner solely to comply with the technical reporting requirements under Section 16(a) of the Securities Exchange Act of 1934, as amended. There have been no other changes to the terms of these options.
- [F3]The option vests and becomes exercisable in equal monthly installments over a four year period commencing on February 1, 2021, and will be fully vested and exercisable on January 1, 2025.