Hess Steven 4
4 · MedAvail Holdings, Inc. · Filed Apr 12, 2022
Insider Transaction Report
Form 4
Hess Steven
Executive Vice President
Transactions
- Award
Stock Option (Right to Buy)
2022-04-08+131,000→ 131,000 totalExercise: $1.96Exp: 2032-04-08→ Common Stock (131,000 underlying) - Award
Restricted Stock Units
2022-04-08+131,000→ 131,000 total→ Common Stock (131,000 underlying)
Footnotes (3)
- [F1]25% of the shares subject to such inducement stock option shall vest on the one year anniversary of the date that employment commenced, which was February 21, 2022, and an additional one forty-eighth (1/48th) of the shares subject to such inducement stock option shall vest monthly thereafter.
- [F2]Each restricted stock unit represents a contingent right to receive one share of MDVL common stock.
- [F3]The RSU inducement grant shall vest as follows: one-third (1/3rd) of the shares subject to each inducement RSU award shall vest on the first, second and third yearly anniversaries of March 1, 2022