Home/Filings/4/0001140361-21-024855
4//SEC Filing

Sial Jay 4

Accession 0001140361-21-024855

CIK 0000748592other

Filed

Jul 18, 8:00 PM ET

Accepted

Jul 19, 9:30 PM ET

Size

8.1 KB

Accession

0001140361-21-024855

Insider Transaction Report

Form 4
Period: 2021-07-15
Sial Jay
See Remarks
Transactions
  • Award

    Stock Option

    2021-07-15+71,00071,000 total
    Exercise: $10.31Exp: 2031-07-15Common Stock (71,000 underlying)
  • Award

    Restricted Stock Unit

    2021-07-15+35,70035,700 total
    Exp: 2031-07-15Common Stock (35,700 underlying)
Footnotes (3)
  • [F1]The option vests and becomes exercisable over four years, with twenty-five percent of the shares covered thereby vesting on July 15, 2022, and 1/36 of the remaining shares covered thereby vesting on the 15th day of each calendar month from August 2022 through July 15, 2025, subject to continued service through each vesting date.
  • [F2]Each restricted stock unit represents a contingent right to receive one share of common stock.
  • [F3]The RSU Grant vests and becomes exercisable in four equal installments on July 15 of each of 2022, 2023, 2024 and 2025, provided that it shall vest in full immediately prior to a change in control (as defined in Mr. Sial's Executive Employment Agreement, dated as of July 6, 2021 and effective July 15, 2021), subject to continued service through each vesting date.

Issuer

Brooklyn ImmunoTherapeutics, Inc.

CIK 0000748592

Entity typeother

Related Parties

1
  • filerCIK 0001873057

Filing Metadata

Form type
4
Filed
Jul 18, 8:00 PM ET
Accepted
Jul 19, 9:30 PM ET
Size
8.1 KB