4//SEC Filing
Mendelsohn Adam 4
Accession 0001753926-23-000259
CIK 0001266806other
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 9:32 PM ET
Size
8.1 KB
Accession
0001753926-23-000259
Insider Transaction Report
Form 4
Mendelsohn Adam
DirectorChief Executive Officer
Transactions
- Award
Common Stock Option
2023-03-06+200,000→ 200,000 totalExercise: $1.09From: 2023-03-06Exp: 2033-03-06→ Common Stock (200,000 underlying) - Award
RSU
2023-03-06+100,000→ 100,000 totalFrom: 2023-03-06Exp: 2027-03-06→ Common Stock (100,000 underlying)
Footnotes (3)
- [F1]Each RSU represents a contingent right to receive one share of Vivani common stock.
- [F2]The stock options have a 10-year term and vest immediately when share price closes at $6.30 for three consecutive business days. If the options fail to reach $6.30 for three consecutive business days within a four year term from the date of grant the options expire.
- [F3]First third of RSUs vest when the stock price is at or above $3.15 for three consecutive business days. Second third vests one year after that. Final third vests one year after the second third. If the RSUs fail to reach $3.15 for three consecutive business days within a four year term from the date of the grant the RSUs expire.
Documents
Issuer
Vivani Medical, Inc.
CIK 0001266806
Entity typeother
Related Parties
1- filerCIK 0001940008
Filing Metadata
- Form type
- 4
- Filed
- Mar 7, 7:00 PM ET
- Accepted
- Mar 8, 9:32 PM ET
- Size
- 8.1 KB