REDMOND J MICHAEL 4
4 · ORAGENICS INC · Filed Jan 2, 2024
Insider Transaction Report
Form 4
ORAGENICS INCOGEN
REDMOND J MICHAEL
President
Transactions
- Award
Employee Option (Right to Buy)
2023-12-28+75,000→ 75,000 totalExercise: $5.40Exp: 2033-12-28→ Common Stock (75,000 underlying)
Footnotes (1)
- [F1]Represents an award of options to purchase shares of the Company's Common Stock under the Company's 2021 Equity Incentive Plan, as amended, in connection with the Reporting Person's engagement to serve as the Company's President. 37,500 options shall vest on the December 28, 2023, the effective date of the Reporting Person's Employment Agreement with the Company (the "Effective Date"), 18,750 options shall vest on June 24, 2024, and 18,750 options shall vest on the first anniversary of the Effective Date, in each case provided the Reporting Person has remained in continuous employment with the Company through such dates. The option exercise price is the Company's closing price on the date of grant.