Myers Thomas Richard 4
4 · PURE BIOSCIENCE, INC. · Filed Jun 22, 2020
Insider Transaction Report
Form 4
Myers Thomas Richard
Chief Operating Officer
Transactions
- Award
Common stock
2020-05-01+500,000→ 587,500 total
Footnotes (1)
- [F1]Represents the issuance of restricted stock units (the "RSUs"). 33.3% of the RSUs vest on May 1, 2021 with the remaining shares vesting in 2 equal annual installments thereafter. Vested shares will be delivered to the Reporting Person on the earlier of (i) the ten-year anniversary of the date of grant (May 1, 2020); (ii) sixty days after the date the Reporting Person's service with the Issuer ceases for any reason and such cessation constitutes a "separation from service" within the meaning of Section 409A of the Code; (iii) the date of the Reporting Person's death or (iv) the date of a Change in Control (as defined in the RSU) that constitutes a "change in control event" within the meaning of Section 409A of the Code.