Gafke Garrett 4
4 · Intellicheck, Inc. · Filed Mar 8, 2023
Insider Transaction Report
Form 4
Gafke Garrett
President
Transactions
- Award
Stock Option (Right to Buy)
2023-03-03$2.70/sh+77,750$209,925→ 77,750 totalExercise: $2.70From: 2024-03-03Exp: 2028-03-03→ Common Stock (77,750 underlying)
Footnotes (2)
- [F1]Of these options, 50% (38,875) have no premium (i.e. exercise price equals stock price at grant); 25% (19,438) of the options have a 20% premium (i.e. exercise price equals stock price at grant plus 20%); and 25% (19,438) of the options have a 40% premium (i.e. exercise price equals stock price at grant plus 40%).
- [F2]One-third of this Option shall vest upon the first anniversary of the date of grant and the remaining two-thirds of this Option shall vest quarterly over the following two years