Pedulla Denise E 4
4 · Conformis Inc · Filed Mar 23, 2022
Insider Transaction Report
Form 4
Conformis IncCFMS
Pedulla Denise E
CLO & SECRETARY
Transactions
- Award
Stock Option (right to buy)
2022-03-14+450,000→ 450,000 totalExercise: $0.61From: 2023-03-14Exp: 2032-03-14→ Common Stock (450,000 underlying) - Award
Common Stock
2022-03-14+450,000→ 450,000 total
Footnotes (2)
- [F1]Represents an inducement grant award of restricted stock units to the Reporting Person in connection with her appointment as CLO and Secretary. The restricted stock units vest over eight years, with the following schedule: 8%, 10%, 15%, 20%, 20%, 15%, 8% and 4% of the total number of shares vesting on each one-year anniversary of the grant date, subject to the Reporting Person's continued service as an employee of Conformis through the applicable vesting dates, and are subject to certain forfeiture provisions.
- [F2]Represents an inducement grant award of options to the Reporting Person in connection with her appointment as CLO and Secretary. The option to purchase an aggregate of 450,000 shares of Issuer's common stock vests over eight years, with the following schedule: 8%, 10%, 15%, 20%, 20%, 15%, 8% and 4% of the total number of shares underlying the option vesting on each one-year anniversary of the grant date, subject to the Reporting Person's continued service as an employee of Conformis through the applicable vesting dates, and are subject to the certain forfeiture provisions.