NUSSBAUM SAMUEL R MD 4
4 · Motus GI Holdings, Inc. · Filed Feb 19, 2021
Insider Transaction Report
Form 4
NUSSBAUM SAMUEL R MD
Director
Transactions
- Award
Common Stock, par value $0.0001 per share
2021-02-17+30,000→ 77,464 total - Award
Common Stock, par value $0.0001 per share
2021-02-17+20,225→ 97,689 total - Award
Stock Option (right to buy)
2021-02-17+30,000→ 30,000 totalExercise: $1.78Exp: 2031-02-17→ Common Stock, par value $0.0001 per share (30,000 underlying)
Footnotes (3)
- [F1]On February 17, 2021, Reporting Person was granted 30,000 Common Stock restricted stock units. The restricted stock units vest as to 100% of the shares on February 17, 2022. Each restricted stock unit represents a contingent right to receive one share of Common Stock. The restricted stock units award was made in accordance with the terms of the Issuer's 2016 Equity Incentive Plan (the "2016 Plan").
- [F2]On February 17, 2021, Reporting Person was granted 20,225 shares of Common Stock as compensation in lieu of cash for Reporting Persons service as a director for calendar year 2021, pursuant to the Company's non-employee director compensation policy. The grant was made in accordance with the terms of the Issuer's 2016 Equity Incentive Plan (the "2016 Plan").
- [F3]The option award was made in accordance with the terms of the 2016 Plan. The option becomes exercisable as to 100% of the shares on February 17, 2022. The exercise price is based on the closing price for the shares of the Common Stock on the date of grant in accordance with the terms of the 2016 Plan.