4//SEC Filing
King-Jones Heidy 4
Accession 0001493152-22-033640
CIK 0001695357other
Filed
Nov 22, 7:00 PM ET
Accepted
Nov 23, 9:28 PM ET
Size
6.5 KB
Accession
0001493152-22-033640
Insider Transaction Report
Form 4
King-Jones Heidy
Chief Legal Officer
Transactions
- Award
Stock Option (right to buy)
2022-11-22+90,000→ 300,000 totalExercise: $11.23From: 2022-11-22Exp: 2030-08-03→ Common Stock, par value $0.0001 (90,000 underlying)
Footnotes (3)
- [F1]As previously reported on a Form 4 filed on August 3, 2020, on August 3, 2020 the Reporting Person was granted a stock option for 300,000 shares of Common Stock, 120,000 of which option shares vest in four equal annual installments commencing on August 3, 2021 and 180,000 of which option shares vest upon completion of certain performance milestones. This amount represents the vesting of 90,000 of the 180,000 performance option shares on November 22, 2022 upon the satisfaction of certain performance milestones. This Form 4 is being filed solely to report the vesting of such previously reported 90,000 option shares.
- [F2]The stock options were granted pursuant to the Issuer's Amended and Restated 2017 Equity Incentive Plan.
- [F3]Represents the 120,000 time-based option shares referred to in footnote (1) plus the 30,000 vested performance option shares which vested August 3, 2021 plus 60,000 vested performance option shares which vested March 22, 2022 plus the 90,000 vested performance option shares referred to in footnote (1).
Documents
Issuer
Provention Bio, Inc.
CIK 0001695357
Entity typeother
Related Parties
1- filerCIK 0001794898
Filing Metadata
- Form type
- 4
- Filed
- Nov 22, 7:00 PM ET
- Accepted
- Nov 23, 9:28 PM ET
- Size
- 6.5 KB