JACOBS CINDY 4
4 · ACHIEVE LIFE SCIENCES, INC. · Filed Jan 24, 2024
Insider Transaction Report
Form 4
JACOBS CINDY
EVP, CMO
Transactions
- Award
Performance Restricted Stock Unit (PRSU)
2024-01-22+84,000→ 84,000 totalExp: 2028-01-22→ Common Stock (84,000 underlying) - Award
Stock Option (right to buy)
2024-01-22+36,000→ 36,000 totalExercise: $4.55Exp: 2034-01-22→ Common Stock (36,000 underlying)
Footnotes (3)
- [F1]Each PRSU represents a contingent right to receive one share of the issuer's common stock at settlement.
- [F2]Pursuant to the terms of the award agreement governing the PRSU, the total number of shares underlying the PRSU vest on the achievement of one of certain milestones being met. The PRSUs will lapse in full if achievement of at least one of the milestones is not met.
- [F3]The options vest one-third on the first anniversary of January 22, 2024 and thereafter in monthly installments over 24 months.