PROVENZANO JOSEPH L 4
4 · BIOLARGO, INC. · Filed May 24, 2021
Insider Transaction Report
Form 4
BIOLARGO, INC.BLGO
PROVENZANO JOSEPH L
DirectorSecretary and V.P. Operations
Transactions
- Award
Option to purchase common stock
2021-05-21+50,000→ 1,508,661 totalExercise: $0.18From: 2021-05-21Exp: 2031-05-21→ Common stock (50,000 underlying)
Footnotes (2)
- [F1]This Option was granted to Reporting Person to replace an option to purchase 200,000 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 of an option to purchase an 200,000 shares of common stock.