Alvarez Nicholas P 4
4 · CONVERSION LABS, INC. · Filed Dec 11, 2020
Insider Transaction Report
Form 4
Alvarez Nicholas P
Chief Acquisition Officer
Transactions
- Award
Options to purchase Common Stock
2020-12-08+200,000→ 200,000 totalExercise: $7.92→ Common Stock, par value $0.001 (200,000 underlying)
Footnotes (1)
- [F1]The Options were issued to Mr. Alvarez pursuant to the terms of an amended and restated employment agreement, dated December 8, 2020 (the "Effective Date"), by and between Mr. Alvarez and the Issuer. The options shall vest at a rate of 5,555 options each month for thirty-five (35) consecutive months beginning on the Effective Date, with the final 5,575 shares vesting on December 8, 2023.