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4//SEC Filing

HORNIG GEORGE R 4

Accession 0001437749-22-015779

CIK 0001851657other

Filed

Jun 22, 8:00 PM ET

Accepted

Jun 23, 7:56 PM ET

Size

7.6 KB

Accession

0001437749-22-015779

Insider Transaction Report

Form 4
Period: 2022-06-21
Transactions
  • Award

    Stock option (right to buy)

    2022-06-21+129,187129,187 total
    Exercise: $2.09Class A common stock (129,187 underlying)
Holdings
  • Stock option (right to buy)

    Exercise: $5.96Exp: 2032-01-03Class A common stock (67,953 underlying)
    67,953
Footnotes (4)
  • [F1]These options were automatically granted following the Issuer's annual shareholders meeting pursuant to a policy adopted by the Issuer's board of directors providing for annual non-employee director compensation.
  • [F2]These options vest on the earliest of (i) the one-year anniversary of the grant date, (ii) the following year's annual stockholder meeting, and (iii) a Change in Control (as defined in the Vaxxinity, Inc. 2021 Omnibus Incentive Compensation Plan), in each case, subject to the Reporting Person's continued service with the Issuer through the vesting date.
  • [F3]These stock options shall expire upon the earlier of (i) the tenth anniversary of the grant date, and (ii) three months after the date the Reporting Person ceases to be a director, officer, employee or consultant of the Issuer or one of its affiliates.
  • [F4]The vesting details of these options were inaccurately described in footnote no. 1 of the Form 4 filed by the Reporting Person on January 5, 2022. These options vest in equal annual installments on each of the first, second and third anniversaries of the grant date. However, these options will fully vest upon a Change in Control (as defined in the Vaxxinity, Inc. 2021 Omnibus Incentive Compensation Plan). In each case, vesting is subject to the Reporting Person's continued service with the Issuer through the vesting date.

Issuer

Vaxxinity, Inc.

CIK 0001851657

Entity typeother
IncorporatedDE

Related Parties

1
  • filerCIK 0001049488

Filing Metadata

Form type
4
Filed
Jun 22, 8:00 PM ET
Accepted
Jun 23, 7:56 PM ET
Size
7.6 KB