White Christopher Craig 4
4 · Tego Cyber, Inc. · Filed Mar 10, 2022
Insider Transaction Report
Form 4
Tego Cyber, Inc.TGCB
White Christopher Craig
Director
Transactions
- Award
Performance Stock Unit
2022-03-08+400,000→ 400,000 totalExercise: $0.00Exp: 2026-12-31→ Common (400,000 underlying) - Award
Employee Stock Option
2022-01-03+125,000→ 125,000 totalExercise: $0.65Exp: 2032-01-03→ Common (125,000 underlying)
Footnotes (2)
- [F1]The options are issued under the 2021 Equity Compensation Plan and pursuant to reporting persons' employment agreement as previosuly reported January 4, 2022. Pursuant to the grant 25,000 options vest each each year beginning on the first anniversary of the grant date which was January 1, 2022.
- [F2]Represents a contingent right to receive shares of TGCB common stock upon vesting and settlement of Performance Stock Units earned based on the achievement of certain operational criteria in accordance with the award granted pursuant to the Issuer's 2021 Equity Compensation Plan (the "Plan"). Under the award 100,000 shares shall vest upon Issuer achievement of certain market capitalization goals provided the reporting person remains employed by the Issuer on such date.