Young Timothy Alan 4
4 · Hypersolar, Inc. · Filed Jan 25, 2019
Insider Transaction Report
Form 4
Hypersolar, Inc.HYSR
Young Timothy Alan
DirectorChief Executive Officer
Transactions
- Award
Employee Stock Option (right to buy)
2019-01-23+150,000,000→ 150,000,000 totalExercise: $0.01Exp: 2029-01-23→ Common Stock (150,000,000 underlying)
Footnotes (2)
- [F1]On January 23, 2019, Mr. Young was granted an option (the "Option") to purchase 150,000,000 shares of common stock, par value $0.001 per share, of Hypersolar, Inc. (the "Company") at a strike price of $0.0099 per share. The Option was granted pursuant to the Company's 2019 Equity Incentive Plan and expires on January 23, 2029.
- [F2]One-third (1/3) of the Option vests immediately on January 23, 2019 (the "Date of Grant"). The remainder of the Option shall vest one-twenty fourth (1/24) per month from months 01 through 24 after the Date of Grant.