Esfandiari Javan 4
4 · CHEMBIO DIAGNOSTICS, INC. · Filed Mar 18, 2021
Insider Transaction Report
Form 4
Esfandiari Javan
Senior Vice President
Transactions
- Award
Restricted Stock Units
2021-03-15+38,710→ 38,710 total→ Common Stock (38,710 underlying) - Award
Incentive Stock Options
2021-03-15+107,143→ 107,143 totalExercise: $4.65Exp: 2028-03-14→ Common Stock (107,143 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 over three years, with one-third vesting on March 15, 2022, one-third vesting on March 15, 2023, and the remaining one-third vesting on March 15, 2024, subject to continued service through each vesting date.
- [F3]The incentive stock options are scheduled to vest and become exercisable over four years, with one-fourth vesting on March 15, 2022, one-fourth vesting on March 15, 2023, one-fourth vesting on March 15, 2024 and the remaining one-fourth vesting on March 15, 2025, subject to continued service through each vesting date.