Andriole Michael T. 4
4 · CHIMERIX INC · Filed Aug 1, 2023
Insider Transaction Report
Form 4
CHIMERIX INCCMRX
Andriole Michael T.
DirectorPRESIDENT AND CEO
Transactions
- Award
Common Stock
2023-08-01$1.19/sh+25,000$29,750→ 382,015 total - Award
Stock Option (Right to Buy)
2023-08-01+150,000→ 150,000 totalExercise: $1.19Exp: 2033-07-31→ Common Stock (150,000 underlying)
Footnotes (2)
- [F1]The shares being reported are being issued pursuant to restricted stock unit awards ("RSUs"), each one of which represents a contingent right to receive one share of the Issuer's common stock. The shares subject to the RSUs will vest in equal annual installments over a four year period from 08/01/2023, so long as the Reporting Person continues to provide services to the Issuer.
- [F2]The shares subject to the nonstatutory stock option ("Option"), under Chimerix, Inc.'s 2013 Equity Incentive Plan, will vest over a period of four years so long as the Reporting Person continues to provide services to the Issuer, with 25% of the shares subject to the Option vesting on 08/01/2024 and the balance of shares vesting in 36 equal monthly installments over the remaining three years.