Hoitt Jason 4
4 · Provention Bio, Inc. · Filed Jan 11, 2023
Insider Transaction Report
Form 4
Hoitt Jason
Chief Commercial Officer
Transactions
- Award
Stock Option (right to buy)
2023-01-10+200,000→ 200,000 totalExercise: $8.93Exp: 2033-01-10→ Common Stock, par value $0.0001 (200,000 underlying)
Footnotes (2)
- [F1]The options will vest and become exercisable as to 25% on the one-year anniversary of the grant date (January 10, 2024) and the remaining 75% will vest and become exercisable monthly over 36 months such that the options are fully vested and exercisable on the four-year anniversary of the grant date (January 10, 2027).
- [F2]The securities were granted pursuant to the Issuer's Amended and Restated 2017 Equity Incentive Plan.