DARGAN CHARLES K 4
4 · BIOLARGO, INC. · Filed Jul 2, 2020
Insider Transaction Report
Form 4
BIOLARGO, INC.BLGO
DARGAN CHARLES K
Chief Financial Officer
Transactions
- Award
Option to purchase common stock
2020-06-30+5,000→ 3,633,286 totalExercise: $0.16From: 2020-06-30Exp: 2030-06-30→ Common stock (5,000 underlying)
Footnotes (2)
- [F1]This Option was granted to Reporting Person to replace options to purchase 20,000 shares that had been issued approximately 10 years ago to compensate Reporting Person for services to the Issuer and had recently expired unexercised due to a discrepancy between the original exercise price and the Issuer's current stock price, pursuant to plan adopted by the Issuer's Compensation Committee.
- [F2]This amount reflects, in addition to the reported option, grant, the expiration on May 31, 2020 and June 11, 2020, of options to purchase an aggregate 20,000 shares of common stock.