ELDER WILLIAM ROBERT 4
4 · Diffusion Pharmaceuticals Inc. · Filed Oct 14, 2020
Insider Transaction Report
Form 4
ELDER WILLIAM ROBERT
CFO, GC & Secretary
Transactions
- Award
Stock Option (Right to Buy)
2020-09-22+70,000→ 70,000 totalExercise: $0.82Exp: 2030-09-22→ Common Stock (70,000 underlying)
Footnotes (2)
- [F1]In connection with the Reporting Person's new employment with the Issuer, the Compensation Committee of the Issuer's Board of Directors approved the grant of non-qualified stock options to the Reporting Person. The grant was made as an inducement material to the Reporting Person's acceptance of employment with the Issuer, in accordance with NASDAQ Listing Rule 5635(c)(4).
- [F2]The shares underlying the options will vest in 36 equal (or as nearly equal as possible) monthly installments on the last calendar day of each month over a 36-month period beginning October 31, 2020.