BEAVER JOHN R 4
4 · BIOLASE, INC · Filed Jun 14, 2021
Insider Transaction Report
Form 4
BIOLASE, INCBIOL
BEAVER JOHN R
SVP & Chief Financial Officer
Transactions
- Award
Restricted Stock Unit
2021-06-11+4,144,139→ 4,144,139 total→ Common Stock (4,144,139 underlying)
Footnotes (2)
- [F1]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.
- [F2]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, subject to performance-based vesting criteria as established by the Compensation Committee; provided that if the price of Common Stock on such vesting date is greater than $1.40 per share, one-half of the award amount above $1.40 shall be payable on the first anniversary of the vesting date, and one-half of such amount shall be payable on the second anniversary of the vesting date.