HASLER HANS PETER 4
4 · Minerva Neurosciences, Inc. · Filed Jun 28, 2022
Insider Transaction Report
Form 4
HASLER HANS PETER
Director
Transactions
- Award
Stock Option (right to buy)
2022-06-10+2,500→ 2,500 totalExercise: $3.32Exp: 2032-06-09→ Common Stock (2,500 underlying)
Footnotes (3)
- [F1]This option is granted to non-employee directors in accordance with the Issuer's compensation program for non-employee directors, which provides that each non-employee director is eligible to receive an annual option grant to purchase 2,500 shares of common stock per year.
- [F2]On June 17, 2022, the Issuer completed a 1-for-8 reverse stock split of the Issuer's common stock ("Reverse Stock Split"). This amount has been adjusted to give effect to the Reverse Stock Split.
- [F3]The shares subject to this option vest in four equal quarterly installments at a rate of 1/4 of the total number of shares every three months, with the first 1/4 vesting on the date that is three months following June 10, 2022 and an additional 1/4 every three months thereafter, subject in each case to the continued service of the Reporting Person as a non-employee director as of such vesting date.