Grasser Joerg 4
4 · CV Sciences, Inc. · Filed Mar 11, 2021
Insider Transaction Report
Form 4
Grasser Joerg
Chief Financial Officer
Transactions
- Award
Employee Stock Option (right to buy)
2021-03-09+750,000→ 750,000 totalExercise: $0.59Exp: 2031-03-08→ Common Stock (750,000 underlying)
Footnotes (1)
- [F1]The option is durational-based. No option shares are vested on the date of grant. Twenty-five percent (25%) of the option shares vest and become exercisable on each of the following dates: September 1, 2021, March 1, 2022, September 1, 2022, and March 1, 2023, provided, that there has not been a termination of service as of such date. In no event will any unvested portion of the option vest or become exercisable for any additional option shares after a termination of service.