Allanson Katherine 4
4 · VirnetX Holding Corp · Filed Sep 17, 2021
Insider Transaction Report
Form 4
Allanson Katherine
Chief Financial Officer
Transactions
- Award
Stock Option (Right to Buy)
2021-09-15+120,000→ 120,000 totalExercise: $4.14Exp: 2031-09-15→ Common Stock (120,000 underlying)
Footnotes (1)
- [F1]The Shares underlying this Option shall vest and become exercisable in accordance with the following schedule: 1/4 of the total number of Shares subject to the Option shall vest and become exercisable on the one-year anniversary of the grant date, and 1/48 of the total number of Shares subject to the Option shall vest and become exercisable on each monthly anniversary thereafter, so long as the individual's continuous status as a Service Provider (as defined in the Plan) has not terminated prior to each such date. If a Change in Control (as defined in the Plan) occurs, all of the Shares underlying this Option then unvested as of the date of the Change in Control, will vest and become exercisable immediately prior to the consummation of the Change in Control transaction.