Gray Robert 4
4 · Hancock Jaffe Laboratories, Inc. · Filed Jul 21, 2020
Insider Transaction Report
Form 4
Gray Robert
Director
Transactions
- Award
Stock Option
2020-07-18+100,000→ 100,000 totalExercise: $0.40Exp: 2030-07-18→ Common Stock (100,000 underlying) - Award
Common Stock
2020-07-18+62,500→ 78,250 total
Footnotes (2)
- [F1]Granted as part of the annual board compensation package for 2020.
- [F2]The common stock options were issued to the Reporting Person on July 18, 2020. The award is subject to time-based vesting and will vest in equal quarterly portions over the remainder of the calendar year. Any non-exercisable portion of the Option will immediately vest and become exercisable in the event that the grantees employment is terminated other than Cause (as defined in the "Employment Agreement") within 3 years of Change of Control as defined in the Plan.