4//SEC Filing
TANNER JOHN WILLIAM 4
Accession 0001437749-23-032892
CIK 0001053691other
Filed
Nov 21, 7:00 PM ET
Accepted
Nov 22, 4:05 PM ET
Size
6.4 KB
Accession
0001437749-23-032892
Insider Transaction Report
Form 4
CervoMed Inc.CRVO
TANNER JOHN WILLIAM
Chief Financial Officer
Transactions
- Award
Stock Option (Right to Buy)
2023-11-20+32,000→ 32,000 totalExercise: $9.82Exp: 2033-11-20→ Common Stock (32,000 underlying)
Footnotes (2)
- [F1]On November 20, 2023, the Reporting Person was granted an option to purchase 32,000 shares of the Issuer's common stock in accordance with the terms of the Employment Agreement, dated November 15, 2023, by and between the Reporting Person and the Issuer; provided, however, that the Reporting Person's continued holding of the grant is contingent upon the annual automatic increase in the number of shares available for issuance under the Issuer's 2015 Equity Incentive Plan, as amended (the "Plan") on January 1, 2024 pursuant to Section 4.1 of the Plan (together with any other shares available for issuance under the Plan as of such date) being sufficient to cover all shares of the Issuer's common stock underlying the grant.
- [F2]Subject to the conditions described in Note 1, 1/24 of the shares underlying the option grant will vest on January 1, 2024, and thereafter the award will vest in substantially equal 1/36th increments on the last day of each month, commencing January 31, 2024, through the last day of the month containing the third anniversary of the grant date, subject to the Reporting Person's continued employment with the Company through the applicable vesting date.
Documents
Issuer
CervoMed Inc.
CIK 0001053691
Entity typeother
Related Parties
1- filerCIK 0001990356
Filing Metadata
- Form type
- 4
- Filed
- Nov 21, 7:00 PM ET
- Accepted
- Nov 22, 4:05 PM ET
- Size
- 6.4 KB