Chhabra Meenu 4
4 · PROTEOSTASIS THERAPEUTICS, INC. · Filed Mar 4, 2020
Insider Transaction Report
Form 4
Chhabra Meenu
DirectorPresident and CEO
Transactions
- Award
Employee Stock Option (right to buy)
2020-03-02+406,800→ 406,800 totalExercise: $1.57Exp: 2030-03-02→ Common Stock (406,800 underlying)
Footnotes (1)
- [F1]These securities shall vest and become exercisable in a series of installments, with the first installment to become exercisable for 25% of the underlying common stock on February 4, 2021, and thereafter vesting and becoming exercisable in 12 quarterly installments as nearly equal as practicable (as determined by the Issuer in its reasonable discretion), until such stock option becomes fully exercisable on February 4, 2024, provided that the Reporting Person remains an employee of Issuer at all times during the applicable vesting period of such securities.