Giacobello Scott M. 4
4 · Aadi Bioscience, Inc. · Filed Mar 4, 2024
Insider Transaction Report
Form 4
Giacobello Scott M.
CHIEF FINANCIAL OFFICER
Transactions
- Award
Stock Option (right to buy)
2024-03-01+138,263→ 138,263 totalExercise: $1.92Exp: 2034-03-01→ Common Stock (138,263 underlying) - Award
Stock Option (right to buy)
2024-03-01+55,000→ 55,000 totalExercise: $1.92Exp: 2034-03-01→ Common Stock (55,000 underlying) - Award
Restricted Stock Units
2024-03-01+27,000→ 27,000 total→ Common Stock (27,000 underlying)
Footnotes (4)
- [F1]One hundred percent (100%) of the shares subject to the option shall be fully vested on the Grant Date, subject to such Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) through the Grant Date. "Grant Date" shall mean March 1, 2024. This option comprises a portion of the Reporting Person's bonus for 2023 performance.
- [F2]Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) through each applicable date, twenty five percent (25%) of the shares subject to the option shall vest on the one-year anniversary of the Vesting Commencement Date and 1/48th of the total shares subject to the Option shall vest every month thereafter such that all shares subject to the option shall be fully vested on the four-year anniversary of the Vesting Commencement Date. "Vesting Commencement Date" shall mean March 1, 2024.
- [F3]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Aadi Bioscience, Inc. Common Stock.
- [F4]Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) through each applicable date, twenty five percent (25%) of the shares subject to the award shall vest on the one-year anniversary of the Vesting Commencement Date, and twenty five percent (25%) of the shares subject to the award shall vest each of the next three Vesting Commencement Date anniversaries thereafter. "Vesting Commencement Date" shall mean March 1, 2024.