Knaley Brian 4
4 · Nuburu, Inc. · Filed Jul 20, 2023
Insider Transaction Report
Form 4
Nuburu, Inc.BURU
Knaley Brian
Chief Executive Officer
Transactions
- Award
Stock Option (right to buy)
2023-07-18+420,000→ 420,000 totalExercise: $0.57Exp: 2033-07-18→ Common Stock (420,000 underlying) - Award
Stock Option (right to buy)
2023-07-18+345,000→ 345,000 totalExercise: $0.57Exp: 2033-07-18→ Common Stock (345,000 underlying)
Footnotes (2)
- [F1]25% of the shares subject to the option shall vest and become exercisable on the first anniversary of July 18, 2023 (the "Vesting Commencement Date"), and thereafter, the remainder of the reported securities vest in equal monthly increments over the following 36 months, such that 100% of the reported securities will be vested as of the fourth anniversary of the Vesting Commencement Date, subject to the Reporting Person remaining a service provider through each such vesting date.
- [F2]The shares subject to the option shall vest in 36 equal monthly increments and become exercisable monthly from July 18, 2023 (the "Vesting Commencement Date"), and thereafter, such that 100% of the reported securities will be vested as of the third anniversary of the Vesting Commencement Date, subject to the Reporting Person remaining a service provider through each such vesting date.