Grasser Joerg 4
4 · CV Sciences, Inc. · Filed Mar 24, 2020
Insider Transaction Report
Form 4
Grasser Joerg
Chief Financial Officer
Transactions
- Award
Employee Stock Option (right to buy)
2020-03-20$0.33/sh+750,000$247,500→ 750,000 totalExercise: $0.33Exp: 2030-03-19→ Common Stock (750,000 underlying)
Footnotes (1)
- [F1]The option is durational-based. 250,000 option shares vested on the grant date, 250,000 option shares vest and become exercisable on April 15, 2020 and the remaining 250,000 option shares vest and become exercisable on July 15, 2020, provided, however, that there has not been a termination of service as of such date. In no event will the option become exercisable for any additional option shares after a termination of service.