Pickens Thomas Boone III 4
4 · ASTROTECH Corp · Filed Apr 18, 2022
Insider Transaction Report
Form 4
ASTROTECH CorpASTC
Pickens Thomas Boone III
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2022-04-14$0.64/sh+1,000,000$640,000→ 4,207,820 total - Award
Stock Options
2022-04-14+776,000→ 836,000 totalExercise: $0.64Exp: 2032-04-14→ Common Stock (776,000 underlying)
Footnotes (2)
- [F1]One-fifth of the total number of shares of common stock granted shall vest and become exercisable on each of the first five anniversaries of April 14, 2022, such that 100% of the shares of common stock granted shall be fully vested and exercisable on April 14, 2027, subject to Reporting Person's continuous employment with the Issuer through each such applicable anniversary.
- [F2]Default vesting is one-third of the total number of Employee Stock Options granted on each of the first three anniversaries of April 14, 2022, such that 100% of the Employee Stock Options granted shall be fully vested and exercisable on April 14, 2025, subject to Employee's continuous employment with the Issuer through each such applicable anniversary.