PROVENZANO JOSEPH L 4
4 · BIOLARGO, INC. · Filed Oct 8, 2020
Insider Transaction Report
Form 4
BIOLARGO, INC.BLGO
PROVENZANO JOSEPH L
DirectorSecretary and V.P. Operations
Transactions
- Award
Option to purchase common stock
2020-10-08+74,051→ 1,658,661 totalExercise: $0.15From: 2020-10-08Exp: 2030-09-30→ Common stock (74,051 underlying)
Footnotes (2)
- [F1]This Option was granted to Reporting Person to replace an option to purchase 296,203 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 August 10, 2020, of an option to purchase an 296,203 shares of common stock.