Clarke Anthony 4
4 · ACHIEVE LIFE SCIENCES, INC. · Filed Jan 28, 2021
Insider Transaction Report
Form 4
Clarke Anthony
DirectorPresident & CSO
Transactions
- Award
Stock Option (right to buy)
2021-01-26+8,000→ 8,000 totalExercise: $13.09Exp: 2031-01-26→ Common Stock (8,000 underlying) - Award
Performance Restricted Stock Unit (PRSU)
2021-01-26+2,000→ 2,000 totalExp: 2025-01-26→ Common Stock (2,000 underlying)
Footnotes (3)
- [F1]Each PRSU represents a contingent right to receive one share of the issuer's common stock at settlement.
- [F2]Pursuant to the terms of the PRSU 50% of the total shares underlying the PRSU vest on the achievement of a performance-based milestone, and 50% vest on the first anniversary of the achievement of such milestone. The PRSUs will lapse in full if achievement of such milestone is not met.
- [F3]The options vest 25% on the first anniversary of January 26, 2021 and thereafter in monthly installments over 36 months.