VIRGILIO JOSEPH III 4
4 · GI DYNAMICS, INC. · Filed Feb 4, 2021
Insider Transaction Report
Form 4
VIRGILIO JOSEPH III
President & CEO
Transactions
- Award
Stock Option (right to buy)
2021-01-28+11,075,869→ 11,075,869 totalExercise: $0.06Exp: 2031-01-28→ Common Stock (11,075,869 underlying)
Footnotes (1)
- [F1]The stock option grant was approved by the Issuer's board of directors on January 28, 2021. The stock options will vest over four years, with 25% vesting on January 28, 2022 and the remainder vesting in 12 quarterly installments thereafter, subject to such individual's continued service through each such date. In the event of a change of control of the Issuer prior to vesting, any unvested shares will become vested in full.