Young Timothy Alan 4
4 · SUNHYDROGEN, INC. · Filed Sep 14, 2020
Insider Transaction Report
Form 4
Young Timothy Alan
DirectorChief Executive Officer
Transactions
- Other
Options (Right to purchase)
2020-09-10+50,000,000→ 150,000,000 totalExercise: $0.01From: 2019-01-23Exp: 2029-01-23→ Common Stock (50,000,000 underlying) - Other
Common Stock
2020-09-10$0.01/sh−39,239,130$388,467→ 10,000,000 total
Footnotes (3)
- [F1]Mr. Young and the Issuer rescinded and unwound in full Mr. Young's cashless option exercise that occurred on June 24, 2020.
- [F2]Represents the exercise price under the cashless option exercise that was unwound.
- [F3]Mr. Young was granted 150,000,000 options on January 23, 2019. One-third of the options vested immediately, and the remainder vest 1/24 per month over the first twenty four months following the option grant.