4//SEC Filing
Osorio Benedict 4
Accession 0001493152-22-014369
CIK 0001695357other
Filed
May 17, 8:00 PM ET
Accepted
May 18, 6:05 PM ET
Size
6.4 KB
Accession
0001493152-22-014369
Insider Transaction Report
Form 4
Osorio Benedict
Chief Quality Officer
Transactions
- Award
Stock Option (right to buy)
2022-05-17+9,000→ 61,000 totalExercise: $12.89From: 2022-05-17Exp: 2030-08-17→ Common Stock, par value $0.0001 (9,000 underlying)
Footnotes (3)
- [F1]As previously reported on a Form 3 filed on December 23, 2021, on August 17, 2020 the Reporting Person was granted a stock option for 100,000 shares of Common Stock, 40,000 of which option shares vest in four equal annual installments commencing on August 17, 2021 and 60,000 of which option shares vest upon completion of certain performance milestones. This amount represents the vesting of 9,000 of the 60,000 performance option shares on May 17, 2022 upon the satisfaction of certain performance milestones. This Form 4 is being filed solely to report the vesting of such previously reported 9,000 option shares.
- [F2]The stock options were granted pursuant to the Issuer's Amended and Restated 2017 Equity Incentive Plan.
- [F3]Represents the 40,000 time-based option shares referred to in footnote (1), 12,000 option shares which previously vested upon the satisfaction of certain performance milestones, and the 9,000 vested performance option shares that vested on May 17, 2022.
Documents
Issuer
Provention Bio, Inc.
CIK 0001695357
Entity typeother
Related Parties
1- filerCIK 0001732730
Filing Metadata
- Form type
- 4
- Filed
- May 17, 8:00 PM ET
- Accepted
- May 18, 6:05 PM ET
- Size
- 6.4 KB