GILL SIMBA 4
4 · Evelo Biosciences, Inc. · Filed Jun 12, 2023
Insider Transaction Report
Form 4
GILL SIMBA
DirectorPresident & CEO
Transactions
- Award
Stock Option (Right to Buy)
2023-06-08+1,000,000→ 1,000,000 totalExercise: $0.97Exp: 2033-03-16→ Common Stock (1,000,000 underlying)
Footnotes (2)
- [F1]Om March 17, 2023, the reporting person was granted an option to purchase 1,000,000 shares of the issuer's common stock subject to certain conditions, including the approval of the amendment and restatement of the Evelo Biosciences, Inc. 2018 Incentive Award Plan (the "2018 Plan") by stockholders at the issuer's 2023 Annual Meeting of Stockholders. The stockholders approved the amendment and restatement of the 2018 Plan on June 8, 2023.
- [F2]The option vests in forty-eight (48) substantially equal installments at the end of each monthly anniversary of February 7, 2023, subject to the reporting person's continued service to the issuer on each such vesting date.