LERDAL MARK D 4
4 · GI DYNAMICS, INC. · Filed Feb 4, 2021
Insider Transaction Report
Form 4
LERDAL MARK D
Director
Transactions
- Award
Stock Option (right to buy)
2021-01-28+1,384,483→ 1,384,483 totalExercise: $0.06Exp: 2031-01-28→ Common Stock (1,384,483 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 in quarterly installments over three years, commencing on April 1, 2021, and continuing thereafter on the first day of each succeeding fiscal quarter to and including January 1, 2024, subject to continued service with the Issuer on each respective vesting date. In the event of a change of control of the Issuer, any unvested shares will become vested in full.