Brown Spencer D. 4
4 · PDS Biotechnology Corp · Filed Jun 3, 2022
Insider Transaction Report
Form 4
Brown Spencer D.
Senior VP, General Counsel
Transactions
- Award
Employee Stock Option (Right to Buy)
2022-06-02+150,000→ 150,000 totalExercise: $4.22Exp: 2032-06-02→ Common Stock (150,000 underlying)
Footnotes (1)
- [F1]This option was granted by the Issuer as an inducement material to the Reporting Person entering into employment with the Issuer in accordance with Nasdaq Rule 5635(c)(4) and the Issuer's 2019 Inducement Plan, as amended. This option, representing a right to purchase a total of 150,000 shares of Common Stock, will become exercisable on June 2, 2023, with 25% vesting on that date and the remaining 75% vesting in equal monthly installments thereafter, subject to continued service to the Issuer through each vesting date.