Zemetra Michael Leonard 4
4 · Veritone, Inc. · Filed Oct 13, 2020
Insider Transaction Report
Form 4
Veritone, Inc.VERI
Zemetra Michael Leonard
EVP, CFO & TREASURER
Transactions
- Award
Stock Option (right to buy)
2020-10-08+60,000→ 60,000 totalExercise: $11.10Exp: 2030-10-08→ Common Stock (60,000 underlying) - Award
Common Stock
2020-10-08+40,000→ 41,900 total - Award
Stock Option (right to buy)
2020-10-08+120,000→ 120,000 totalExercise: $11.10Exp: 2030-10-08→ Common Stock (120,000 underlying)
Footnotes (3)
- [F1]Consists of restricted stock units representing the right to receive upon vesting a total of 40,000 shares of the issuer's common stock. 50% of such restricted stock units will vest on the first anniversary of the grant date, and the remaining 50% will vest in four equal quarterly installments over the next 12-month period thereafter, subject to the continuous service of reporting person with the issuer.
- [F2]25% of the shares subject to the option will vest on the first anniversary of the grant date, and 1/36th of the remaining shares subject to the option will vest in monthly installments thereafter, subject to the continuous service of reporting person with the issuer.
- [F3]Stock option will become exercisable in three equal tranches based on the achievement of stock price goals for the common stock of the issuer of $17.50 per share, $22.50 per share and $27.50 per share, respectively, subject to the continuous service of reporting person with the issuer.