Olson Cassiopeia 4
4 · Brazil Minerals, Inc. · Filed Jun 16, 2022
Insider Transaction Report
Form 4
Olson Cassiopeia
Director
Transactions
- Award
Stock Options (right to buy Common Stock)
2021-11-04+8,000,000→ 8,000,000 totalExercise: $0.00From: 2022-11-04→ Common Stock (8,000,000 underlying)
Footnotes (3)
- [F1]This Report on Form 4 discloses a previously unreported grant of stock options received by the reporting person from the Issuer on November 4, 2021.
- [F2]The Stock Options vest quarterly on a straight-line basis over one year, starting on the grant date, and expire five years from each vesting date. Of the 4,000,000 Stock Options which have vested to date: (i) 2,000,000 of the Stock Options vested on February 4, 2022 and expire on February 4, 2027 and (ii) 2,000,000 of the Stock Options vested on May 4, 2022 and expire on May 4, 2027.
- [F3]The Stock Options were awarded to the reporting person as compensation for services as a director.