Nolet Chris 4
4 · POLARITYTE, INC. · Filed Jan 17, 2023
Insider Transaction Report
Form 4
Nolet Chris
Director
Transactions
- Exercise/Conversion
Common Stock
2023-01-12−36,497→ 14,403 total - Exercise/Conversion
Stock option (right to buy)
2023-01-12−3,078→ 6,157 totalExercise: $22.50Exp: 2030-04-06→ Common Stock (9,235 underlying)
Footnotes (2)
- [F1]Pursuant to the issuer's non-executive director compensation plan the reporting person was issued 50,900 Restricted Stock Units vesting in equal installments quarterly in arrears, which were previously reported on Form 4 under Table I. As of the date of the reporting person's end of service as a director on January 12, 2023, 36,497 restricted stock units that had not vested as of that date were forfeited.
- [F2]The stock option was granted 04/06/2020, and reported under Table II of Form 4. The number of derivative securities and price have been adjusted to give effect to a 25-to-1 reverse stock split in May 2022. As of the date of the reporting person's end of service as a director on January 12, 2023, 3,078 stock options that had not vested as of that date were forfeited. The remaining 6,157 stock options were fully vested as of 04/06/2022, and are presently exercisable.