Clarke Anthony 4
4 · ACHIEVE LIFE SCIENCES, INC. · Filed Jan 10, 2022
Insider Transaction Report
Form 4
Clarke Anthony
DirectorPresident & CSO
Transactions
- Award
Performance Restricted Stock Unit (PRSU)
2022-01-03+7,500→ 7,500 totalExp: 2026-01-03→ Common Stock (7,500 underlying) - Award
Stock Option (right to buy)
2022-01-03+7,500→ 7,500 totalExercise: $8.26Exp: 2032-01-03→ Common Stock (7,500 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 one-third on the first anniversary of January 3, 2022 and thereafter in monthly installments over 24 months.