Hoffman Josh 4
4 · Zymergen Inc. · Filed Apr 22, 2021
Insider Transaction Report
Form 4
Hoffman Josh
DirectorChief Executive Officer
Transactions
- Award
Stock Options
2021-04-21+1,183,333→ 1,183,333 totalExercise: $31.00Exp: 2031-04-21→ Common Stock (1,183,333 underlying)
Footnotes (1)
- [F1]The options vest in five tranches if the Issuer meets certain market capitalization and minimum share price performance hurdles and subject to the Reporting Person's continued employment with the Issuer through such attainment dates. Measurement of market capitalization against the performance hurdles will begin on the one-year anniversary of the date of grant. In addition, no shares will vest prior to the second anniversary of the date of grant and any tranche not earned by the seventh anniversary of the grant date is forfeited.