Shah Preetam 4
4 · Cidara Therapeutics, Inc. · Filed Sep 3, 2021
Insider Transaction Report
Form 4
Shah Preetam
CFO & CBO
Transactions
- Award
Restricted Stock Unit
2021-09-01+50,000→ 50,000 totalExp: 2022-09-30→ Common Stock (50,000 underlying) - Award
Stock Option (right to buy)
2021-09-01+311,850→ 311,850 totalExercise: $2.22Exp: 2031-08-31→ Common Stock (311,850 underlying)
Footnotes (3)
- [F1]25% of the shares subject to the option shall vest on the one-year anniversary of the Vesting Commencement Date of September 1, 2021; 1/48th of the shares subject to the option shall vest monthly thereafter,such that all shares will be vested on September 1, 2025.
- [F2]Restricted stock units convert into common stock on a one-for-one basis.
- [F3]The RSU will fully vest upon the completion of certain corporate milestones on or before September 30, 2022.