Binette Francois 4
4 · RENOVARO INC. · Filed Feb 16, 2024
Insider Transaction Report
Form 4
RENOVARO INC.RENB
Binette Francois
Executive Vice President
Transactions
- Award
Option to Purchase Common Stock
2024-02-13+65,000→ 65,000 totalExercise: $1.92From: 2024-02-13Exp: 2032-02-22→ Common Stock (65,000 underlying) - Disposition to Issuer
Option to Purchase Common Stock
2024-02-13−65,000→ 0 totalExercise: $2.38Exp: 2032-07-22→ Common Stock (65,000 underlying) - Award
Option to Purchase Common Stock
2024-02-13+65,000→ 65,000 totalExercise: $1.92From: 2024-02-13Exp: 2032-07-22→ Common Stock (65,000 underlying) - Award
Option to Purchase Common Stock
2024-02-13+40,000→ 40,000 totalExercise: $1.92Exp: 2032-10-18→ Common Stock (40,000 underlying) - Disposition to Issuer
Option to Purchase Common Stock
2024-02-13−65,000→ 0 totalExercise: $8.40From: 2023-04-18Exp: 2032-02-22→ Common Stock (65,000 underlying) - Disposition to Issuer
Option to Purchase Common Stock
2024-02-13−40,000→ 0 totalExercise: $2.15Exp: 2032-10-18→ Common Stock (40,000 underlying)
Footnotes (3)
- [F1]60% of the option vested on January 22, 2023 and 40% on July 22, 2023.
- [F2]The transactions reported herein reflect a stock option repricing (the "Option Repricing") effective on February 13, 2024 (the "Repricing Date"). Pursuant to the Option Repricing, which was approved by stockholders on January 25, 2024, the exercise price of all repriced options has been amended to $1.92 per share, the closing price of the Company's common stock, par value $0.0001 per share (the "Common Stock"), on the date of the closing of the Registrant's acquisition of GEDi Cube Intl Ltd. There were no other changes to the terms of the options.
- [F3]One-third of the option vested on October 18, 2023. The remainder of the option vests equally on October 18, 2024 and October 18, 2025.