Kogan Elona 4
4 · Seer, Inc. · Filed Feb 23, 2024
Insider Transaction Report
Form 4
Seer, Inc.SEER
Kogan Elona
General Counsel and Secretary
Transactions
- Award
Employee Stock Option (right to buy)
2024-02-06+79,729→ 79,729 totalExercise: $1.77Exp: 2034-02-06→ Class A Common Stock (79,729 underlying) - Award
Employee Stock Option (right to buy)
2024-02-06+140,000→ 140,000 totalExercise: $1.77Exp: 2034-02-06→ Class A Common Stock (140,000 underlying) - Award
Class A Common Stock
2024-02-06+123,153→ 285,826 total - Sale
Class A Common Stock
2024-02-22$1.58/sh−12,684$20,024→ 273,142 total
Footnotes (4)
- [F1]The reported shares are represented by restricted stock units, or RSUs, which vest in four equal annual installments beginning on February 15, 2025.
- [F2]The reported shares were sold to satisfy the reporting person's tax obligations in connection with the vesting of RSUs.
- [F3]One-fourth of the shares subject to the option vest on February 6, 2025 and 1/48th of the shares vest monthly thereafter.
- [F4]The option is subject to vesting requirements based upon achievement of specified performance-based criteria (the "Stock Price Hurdle") which requires that the Issuer achieve a stock price equal to or greater than 200% of the option exercise price during the period beginning on the grant date and ending on February 6, 2031 (the "Performance Period"). If the Stock Price Hurdle is achieved within the Performance Period, then one-fourth of the shares subject to the option vest on the date that achievement of the Stock Price Hurdle is certified and the remaining shares vest annually thereafter in three equal installments.