Schmitz Stephen Martin 4
4 · CV Sciences, Inc. · Filed Mar 28, 2018
Insider Transaction Report
Form 4
Schmitz Stephen Martin
Director
Transactions
- Award
Employee Stock Option (right to buy)
2017-05-16+250,000→ 250,000 totalExercise: $0.31From: 2017-05-16Exp: 2027-05-14→ Common Stock (250,000 underlying) - Award
Employee Stock Option (right to buy)
2017-12-01+200,000→ 200,000 totalExercise: $0.23From: 2017-12-01Exp: 2027-11-30→ Common Stock (200,000 underlying)
Footnotes (2)
- [F1]On May 15, 2017, the Reported Person was granted an option to purchase 250,000 shares of the Issuer's Common Stock, with 50,000 option shares vested as of the date of grant, and the remaining 200,000 shares vesting in twenty-four (24) equal monthly installments measured from May 16, 2017. As of March 26, 2018, 133,333 shares have vested and another 16,666 will vest within 60 days.
- [F2]On December 1, 2017, the Reported Person was granted an option to purchase 200,000 shares of the Issuer's Common Stock. The option is durational-based, and vests and becomes exercisable in twenty-four (24) successive equal monthly installments, commencing on November 13, 2017. As of March 26, 2018, 33,333 shares have vested and another 16,666 will vest within 60 days, and Dr. Schmitz has not exercised any stock options.