Home/Filings/4/0001493152-22-002201
4//SEC Filing

Kanubaddi Avani 4

Accession 0001493152-22-002201

CIK 0000890821other

Filed

Jan 24, 7:00 PM ET

Accepted

Jan 25, 4:53 PM ET

Size

6.2 KB

Accession

0001493152-22-002201

Insider Transaction Report

Form 4
Period: 2022-01-19
Kanubaddi Avani
Chief Operating Officer
Transactions
  • Award

    Restricted Stock Units

    2022-01-19+1,127,7871,127,787 total
    Common Stock (1,127,787 underlying)
Footnotes (2)
  • [F1]Represents the restricted stock units (the "RSUs") granted to the reporting person pursuant to the Enveric Biosciences, Inc. (the "Company") 2020 Long-Term Incentive Plan. For each vested restricted stock unit, the reporting person will be entitled to receive one share of common stock.
  • [F2]50% of the RSUs shall vest over 4 years in equal annual installments, with the first tranche to vest on January 19, 2023. 50% of the RSUs shall vest in 3 approximately equal tranches on each of December 31, 2022, 2023 and 2024, if the Company's average VWAP (calculated as the average over the fourth calendar quarter of each of 2022, 2023 and 2024, as applicable, of the daily volume weighted average price of a share of common stock), exceeds $1.72, $1.89, $2.08, respectively.

Documents

1 file

Issuer

Enveric Biosciences, Inc.

CIK 0000890821

Entity typeother

Related Parties

1
  • filerCIK 0001838498

Filing Metadata

Form type
4
Filed
Jan 24, 7:00 PM ET
Accepted
Jan 25, 4:53 PM ET
Size
6.2 KB