Favet Michael 4
4 · NeuroPace Inc · Filed Jun 8, 2021
Insider Transaction Report
Form 4
NeuroPace IncNPCE
Favet Michael
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2021-06-04+26,590→ 26,590 total - Award
Stock Option (Right to Buy)
2021-06-04+53,180→ 53,180 totalExercise: $21.67From: 2021-06-04Exp: 2031-06-03→ Common Stock (53,180 underlying)
Holdings
- 22,947(indirect: See Footnote)
Common Stock
Footnotes (3)
- [F1]Each share is represented by a restricted stock unit ("RSU"). Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. 25% of the RSUs vest on April 22, 2022 and the remaining RSUs vest in twelve (12) equal quarterly installments thereafter.
- [F2]Shares are held by the Favet Living Trust, of which the Reporting Person and the Reporting Person's spouse serve as co-trustees.
- [F3]25% of the shares subject to the option vest on April 22, 2022. The remaining shares subject to the option vest in twelve (12) equal quarterly installments thereafter. The option is early exercisable.