Stetson John 4

4 · POLARITYTE, INC. · Filed Nov 13, 2017

Form 4

Period: 2017-11-10

CFO, EVP, Secretary

Transactions

Award
Common stock, par value $0.001 per share
2017-11-10+40,000→ 380,923 total
Award
Common stock, par value $0.001 per share
2017-11-10+7,500→ 380,923 total
Award
Option
2017-11-10+60,000→ 32,500 total
Exercise: $24.59Exp: 2027-11-10→ Common Stock (60,000 underlying)

Footnotes (8)

[F1]Represents a restricted stock award under the PolarityTE, Inc. 2017 Equity Incentive Plan (the "Restricted Stock Award"), of which one-half shall vest on the date of grant and one-half shall vest in twenty four (24) equal monthly installments on the one month anniversary of the grant date.
[F2]Restricted Stock Award is issued as a performance award for the Reporting Person's role as Chief Financial Officer and a director of the Issuer.
[F3]Includes shares vested or to be vested within 60 days.
[F4]Represents a restricted stock award under the PolarityTE, Inc. 2017 Equity Incentive Plan (the "Second Restricted Stock Award"), which shall vest immediately on the date of grant
[F5]Second Restricted Stock Award is in connection with the Reporting Person entering into a new employment agreement with the Issuer.
[F6]Represents an option award under the PolarityTE, Inc. 2017 Equity Incentive Plan (the "Option Award"), of which one-half shall vest on the date of grant and one-half shall vest in twenty four (24) equal monthly installments on the one month anniversary of the grant date.
[F7]Option Award is compensation for the Reporting Person's service as Chief Financial Officer and director of the Issuer.
[F8]Includes options vested or to be vested within 60 days pursuant to the Option Award.

Documents

1 file