Bencich John 4
4 · ACHIEVE LIFE SCIENCES, INC. · Filed Apr 24, 2023
Insider Transaction Report
Form 4
Bencich John
CFO and PFO
Transactions
- Exercise/Conversion
Common Stock
2023-04-21+25,000→ 61,920 total - Tax Payment
Common Stock
2023-04-21$6.80/sh−7,324$49,803→ 54,596 total - Exercise/Conversion
Performance Restricted Stock Unit (PRSU)
2023-04-21+25,000→ 25,000 totalExp: 2026-01-03→ Common Stock (25,000 underlying)
Footnotes (4)
- [F1]Represents shares of common stock acquired upon settlement of the performance restricted stock units ("PRSUs") listed in Table II.
- [F2]Represents shares of common stock that have been withheld by the issuer to satisfy the tax liability in connection with the settlement of PRSUs.
- [F3]Each PRSU represents a contingent right to receive one share of the issuer's common stock at settlement.
- [F4]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.