Greenway Schond L. 4
4 · Mind Medicine (MindMed) Inc. · Filed May 23, 2022
Insider Transaction Report
Form 4
Greenway Schond L.
Chief Financial Officer
Transactions
- Award
Subordinate Voting Shares
2022-05-23+1,270,000→ 1,270,000 total - Award
Stock Option (Right to Buy)
2022-05-23+1,650,000→ 1,650,000 totalExercise: $0.71Exp: 2027-05-22→ Subordinate Voting Shares (1,650,000 underlying)
Footnotes (3)
- [F1]These shares represent restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one subordinate voting share of the Issuer. Of these RSUs, 25% shall vest on May 23, 2023 with 1/12th of the remaining shares vesting each quarter thereafter over 12 quarters, subject to the Reporting Person providing continuous service to the Issuer on each such vesting date.
- [F2]The option grant has an exercise price of $0.91 Canadian Dollars. This represents the exercise price in United States Dollars.
- [F3]The shares subject to the option vest and become exercisable, with 25% vesting on May 23, 2023, and 1/36th of the remaining shares vesting monthly thereafter over 36 months, subject to the Reporting Person providing continuous service to the Issuer as of each such vesting date.