Kothari Shanoop 4
4 · NuZee, Inc. · Filed Dec 28, 2020
Insider Transaction Report
Form 4
NuZee, Inc.NUZE
Kothari Shanoop
SVP and CFO
Transactions
- Award
Stock Option (Right to buy)
2020-06-19+133,333→ 133,333 totalExercise: $19.50From: 2020-06-19Exp: 2029-04-01→ Common Stock (133,333 underlying)
Footnotes (1)
- [F1]On April 1, 2019, the reporting person was granted options to purchase 200,000 shares of the Issuer's common stock, as adjusted for the Issuer's l-for-3 reverse stock split, which became effective on November 12, 2019. The options vest, subject to the reporting person's continued employment, based on the Issuer's satisfaction of certain performance criteria. 133,333 options were to vest upon the Issuer's listing on any tier of the Nasdaq Stock Market on or before December 31, 2020. The Issuer's common stock began trading on the Nasdaq Capital Market on June 19, 2020, resulting in vesting of the options as to 133,333 shares.