Diaz Stephanie 4
4 · PALISADE BIO, INC. · Filed Jun 13, 2023
Insider Transaction Report
Form 4
Diaz Stephanie
Director
Transactions
- Award
Restricted Stock Units
2023-06-11+6,980→ 6,980 total→ Common Stock (6,980 underlying) - Award
Common Stock Options
2023-06-11+9,580→ 9,580 totalExercise: $1.60Exp: 2033-06-11→ Common Stock (9,580 underlying)
Footnotes (5)
- [F1]Represents partial compensation for services rendered as a director pursuant to Issuer's director compensation policy, which includes 5,100 restricted stock units and 7,000 common stock purchase options. The grants were issued from the Issuer's 2021 Equity Incentive Plan. In addition, Reporting Person received, per its election, an additional 1,880 restricted stock units and 2,580 common stock purchase options as a discretionary grant.
- [F2]The grants vest fully on the one (1) year anniversary of the grant date.
- [F3]Each restricted stock unit represents the right to receive one share of common stock.
- [F4]N/A
- [F5]Each option represents the right to purchase one share of common stock at the exercise price.