Grasser Joerg 4
4 · CV Sciences, Inc. · Filed Mar 25, 2019
Insider Transaction Report
Form 4
Grasser Joerg
Chief Financial Officer
Transactions
- Award
Employee Stock Option (right to buy)
2019-03-15+250,000→ 250,000 totalExercise: $4.67Exp: 2029-03-14→ Common Stock (250,000 underlying)
Footnotes (1)
- [F1]The option is durational-based. No option shares are vested on the date of grant and the remaining option shares vest and become exercisable as follows: (i) thirty-three percent (33%) of the option shares vest and become exercisable on the one (1) year anniversary of December 26, 2018, provided, however, that there has not been a termination of service as of such date and (ii) the balance of the option shares will vest and become exercisable in a series of twenty-four (24) successive equal monthly installments measured from the first anniversary of December 26, 2018, provided, however, that there has not been a termination of service as of each such date. In no event will the option become exercisable for any additional option shares after a termination of service.