Marshall Dennis E 4
4 · BIOLARGO, INC. · Filed Apr 2, 2024
Insider Transaction Report
Form 4
BIOLARGO, INC.BLGO
Marshall Dennis E
Director
Transactions
- Award
Option to Purchase Common Stock
2024-03-28+64,176→ 4,163,685 totalExercise: $0.35From: 2024-03-28Exp: 2034-03-28→ Common Stock (64,176 underlying) - Award
Option to Purchase Common Stock
2024-03-31+53,571→ 4,217,256 totalExercise: $0.35From: 2024-03-31Exp: 2034-03-31→ Common Stock (53,571 underlying)
Footnotes (3)
- [F1]This Option was granted to Reporting Person to replace an option to purchase 52,536 shares that had been issued to compensate Reporting Person for services to the Issuer and had recently expired unexercised due to a discrepancy between the original exercise price and current Issuer stock price, pursuant to plan adopted by the Issuer's Compensation Committee.
- [F2]Total reflects the expiration of options to purchase 52,536 shares that recently expired.
- [F3]This Option was issued to Reporting Person as payment for $18,750 in fees due to Reporting Person by Issuer in exchange for services on its board of directors for the most recently completed quarterly period, pursuant to the Issuer's 2018 Equity Incentive Plan.