CHAO DAVID M 4
4 · Centessa Pharmaceuticals plc · Filed Feb 3, 2023
Insider Transaction Report
Form 4
CHAO DAVID M
Chief Administrative Officer
Transactions
- Award
Ordinary Shares
2023-02-01+77,200→ 293,600 total - Award
Share Option (right to buy)
2023-02-01+115,000→ 115,000 totalExercise: $3.85Exp: 2033-02-01→ Ordinary Shares (115,000 underlying)
Footnotes (3)
- [F1]The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.
- [F2]The shares reported in this transaction represent Restricted Share Units ("RSUs") issued under the Centessa Pharmaceuticals plc Amended and Restated 2021 Stock Option and Incentive Plan. Each RSU represents the contingent right to receive one Ordinary Share of the Issuer. The RSUs shall vest and be settled in four equal annual installments with the first such annual vesting being on February 1, 2024.
- [F3]1/48th of the shares subject to such option shall vest and become exercisable in equal monthly installments with the first installment vesting on March 1, 2023.