Lazarev Alexander V 4
4 · PRESSURE BIOSCIENCES INC · Filed Dec 27, 2019
Insider Transaction Report
Form 4
Lazarev Alexander V
V.P. of Research & Development
Transactions
- Award
Non-Qualified Stock Option
2019-12-19+22,835→ 22,835 totalExercise: $0.69Exp: 2028-12-19→ Common Stock (22,835 underlying) - Award
Non-Qualified Stock Option
2019-12-19+68,505→ 68,505 totalExercise: $0.69Exp: 2029-12-19→ Common Stock (68,505 underlying) - Disposition to Issuer
Non-Qualified Stock Option
2019-12-19−22,835→ 0 totalExercise: $3.40Exp: 2028-12-19→ Common Stock (22,835 underlying)
Footnotes (2)
- [F1]The reported transaction involved an amendment of an outstanding stock option, resulting in the deemed cancellation of the old stock option dated December 19, 2018 and the grant of a replacement stock option dated December 19, 2019. The new stock option includes the same expiration date of December 19, 2028 and a new exercise price of $0.69.
- [F2]Stock options vest 1/36th per month for 36 months, effective on the day of grant.