Sato Garrett 4
4 · BIOLASE, INC · Filed Jun 14, 2021
Insider Transaction Report
Form 4
BIOLASE, INCBIOL
Sato Garrett
Director
Transactions
- Award
Stock Appreciation Right
2021-06-11+110,888→ 110,888 totalExercise: $0.84Exp: 2031-06-11→ Common Stock (110,888 underlying) - Award
Restricted Stock Unit
2021-06-11+138,000→ 138,000 total→ Common Stock (138,000 underlying)
Footnotes (3)
- [F1]Of the stock appreciation rights subject to this SAR, one-fourth of the stock appreciation rights vest on each of the third, sixth, ninth, and twelfth-month anniversaries of the date of grant.
- [F2]At the option of the Company, each restricted stock unit represents the right to receive, at settlement, one share of common stock, or its cash equivalent.
- [F3]The restricted stock unit award fully vests and is immediately exercisable upon the filing with the SEC of the Annual Report on Form 10-K for the year ending December 31, 2023.