Li Meng 4
4 · Avalon GloboCare Corp. · Filed Apr 9, 2019
Insider Transaction Report
Form 4
Li Meng
DirectorCOO and Secretary
Transactions
- Award
Stock Option
2019-04-05$4.76/sh+30,000$142,800→ 30,000 totalExercise: $4.76From: 2019-04-05Exp: 2024-04-05→ Common Stock, $.0001 par value (30,000 underlying)
Holdings
- 5,150,000
Common Stock, $.0001 par value
Footnotes (1)
- [F1]On April 5, 2019, Meng Li was appointed to the Board of Directors of Avalon GloboCare Corp. (the "Company") to serve as director of the Company. Ms. Li entered into an agreement pursuant to which she will serve as a director of the Company. The director agreement provides that Ms. Li will receive options to receive 40,000 shares of common stock per year at an exercise price equal to the closing price on December 31st of the prior year vesting quarterly. The options shall vest in equal amounts quarterly and shall be exercisable for a period of five years. For 2019, the Company granted Ms. Li an option to acquire 30,000 shares of common stock at an exercise price of $4.76 for a term of five years.