Acheson David 4
4 · CHEMBIO DIAGNOSTICS, INC. · Filed Dec 18, 2020
Insider Transaction Report
Form 4
Acheson David
Director
Transactions
- Award
Restricted stock units
2020-12-17+14,678→ 14,678 total→ Common stock (14,678 underlying) - Award
Nonqualified stock options
2020-12-17+23,781→ 23,781 totalExercise: $5.45Exp: 2027-12-16→ Common stock (23,781 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Common Stock.
- [F2]The restricted stock units are scheduled to vest in three equal installments on December 17, 2021, 2022 and 2023, provided they shall vest in full immediately prior to a Change in Control (as defined in the 2019 Omnibus Incentive Plan of the issuer).
- [F3]The nonqualified stock options are scheduled to vest and become exercisable in full immediately prior to the earlier to occur of (i) the 2022 annual meeting of stockholders of the issuer and (ii) a Change in Control.