4//SEC Filing
Blome James 4
Accession 0001615594-19-000024
CIK 0001705843other
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 12:36 PM ET
Size
10.1 KB
Accession
0001615594-19-000024
Insider Transaction Report
Form 4
Calyxt, Inc.CLXT
Blome James
Chief Executive Officer
Transactions
- Award
Stock Option (Right-to-Buy)
2019-06-28+125,000→ 125,000 totalExercise: $12.48From: 2020-06-28Exp: 2029-06-28→ Common Stock (125,000 underlying) - Award
Performance Stock Units
2019-06-28+166,667→ 166,667 totalExp: 2022-06-28→ Common Stock (166,667 underlying) - Award
Common Stock
2019-06-28+50,000→ 204,136 total
Footnotes (3)
- [F1]50,000 Restricted Stock Units with respect to Calyxt, Inc. common stock were granted to reporting person on 6/28/2019 and vest as to 15% of the underlying shares on the first anniversary of the Grant Date, as to 10% of the underlying shares on the second anniversary of the Grant Date, and as to 5% of the underlying shares on the last day of each calendar quarter beginning on the first full calendar quarter after the second anniversary of the Grant Date.
- [F2]Stock Option vests as to 15% of the underlying shares on the first anniversary of the Grant Date, as to 10% of the underlying shares on the second anniversary of the Grant Date, and as to 5% of the underlying shares on the last day of each calendar quarter beginning the first full calendar quarter after the second anniversary of the Grant Date.
- [F3]Each performance stock unit (PSU) represents a contingent right to receive one share of Calyxt common stock. The PSU will vest as to 50%, 100% or 120% of the shares at the end of a three year performance period based upon increases in Calyxt common stock from the starting price of $12.48 (and on a linear basis between vesting percentages) and if vested, will be issued as restricted stock with restrictions lapsing on the two year anniversary of the date of issuance.
Documents
Issuer
Calyxt, Inc.
CIK 0001705843
Entity typeother
Related Parties
1- filerCIK 0001753563
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 12:36 PM ET
- Size
- 10.1 KB