Kress Greg 4
4 · Shapeways Holdings, Inc. · Filed Apr 21, 2023
Insider Transaction Report
Form 4
Kress Greg
DirectorChief Executive Officer
Transactions
- Award
Stock Option (right to buy)
2023-04-20+364,708Exercise: $0.33Exp: 2033-04-19→ Common Stock (364,708 underlying) - Award
Stock Option (right to buy)
2023-04-20+500,000Exercise: $0.33Exp: 2033-04-19→ Common Stock (500,000 underlying)
Footnotes (3)
- [F1]The options were granted in connection with the cancellation of 364,708 previously outstanding and unvested restricted stock units with performance-based vesting requirements granted on March 28, 2022.
- [F2]The options are subject to a service-based vesting requirement, which shall be satisfied over a five-year period with 1/5th of the options vesting on each anniversary of April 1, 2023, subject to the Reporting Person's continuous service with the issuer on each such vesting date.
- [F3]The options are subject to a service-based vesting requirement, which shall be satisfied over a four-year period with 25% of the options vesting on the one-year anniversary of April 1, 2023 and 1/48th of the options vesting monthly thereafter, subject to the Reporting Person's continuous service with the issuer on each such vesting date.