RenovaCare, Inc. 4
4 · RenovaCare, Inc. · Filed Mar 17, 2016
Insider Transaction Report
Form 4
RenovaCare, Inc.RCAR
SIERCHIO JOSEPH
Director
Transactions
- Award
Stock Option
2016-03-16$1.91/sh+50,000$95,500→ 90,000 totalExercise: $1.91From: 2016-03-16Exp: 2026-03-15→ Common Stock, par value $0.00001 (50,000 underlying)
Footnotes (2)
- [F1]On March 16, 2016, RenovaCare, Inc. (the "Company") issued Mr. Sierchio a stock option to purchase up to 50,000 shares of the Company's common stock at an exercise price of $1.91 per share, all of which vested on the date of grant.
- [F2]The closing price of the Company's common stock as quoted on the OTC Markets Group Inc. QB tier on March 15, 2016. The options may be exercised on a "cashless basis" using the formula contained in the nonstatutory stock option agreement entered into between Mr. Sierchio and the Company.