Chu Steven 4
4 · Amprius Technologies, Inc. · Filed Oct 25, 2024
Insider Transaction Report
Form 4
Chu Steven
Director
Transactions
- Award
Stock Option (right to buy)
2024-10-23+173,554→ 173,554 totalExercise: $0.78Exp: 2034-09-26→ Common stock (173,554 underlying) - Award
Stock Option (right to buy)
2024-10-23+173,554→ 173,554 totalExercise: $0.62Exp: 2027-12-12→ Common stock (173,554 underlying)
Footnotes (4)
- [F1]On October 23, 2024, Amprius, Inc. ("Amprius Holdings") voluntarily liquidated and dissolved and distributed to its stockholders on a pro rata basis an aggregate of 57,195,926 shares of the Issuer's common stock (the "Liquidating Distribution"). In connection with the Liquidating Distribution, the Issuer assumed Amprius Holdings' outstanding options to purchase shares of Amprius Holdings' Class A common stock (the "Holdings Options") granted under the Amprius, Inc. 2008 Stock Plan and the Amprius, Inc. Second Equity Incentive Plan (the "Option Assumption"). As a result of the Option Assumption, each Holdings Option held by the Reporting Person became an option to purchase a number of shares of the Issuer's common stock , subject to certain adjustments to such options to comply with the requirements of U.S. Internal Revenue Code treasury regulation relating to equity grant assumptions.
- [F2]The options are fully vested.
- [F3]Received in connection with the Option Assumption in exchange for stock options to acquire 250,000 shares of Amprius Holdings' Class A common stock at an exercise price of $0.54 per share.
- [F4]Received in connection with the Option Assumption in exchange for stock options to acquire 250,000 shares of Amprius Holdings' Class A common stock at an exercise price of $0.43 per share.