Brautaset Are 4
4 · FREYR Battery, Inc. /DE/ · Filed Jan 17, 2024
Insider Transaction Report
Form 4
Brautaset Are
Chief Legal Officer
Transactions
- Award
Stock Options (right to buy)
2024-01-15+105,000→ 105,000 totalExercise: $1.55Exp: 2029-01-15→ Shares of Common Stock (105,000 underlying)
Footnotes (1)
- [F1]Consists of compensatory options which vest annually over three years granted on January 15, 2024 pursuant to the FREYR 2021 Equity Incentive Plan (amended and restated as of May 10, 2023). Of the shares subject to compensatory options, one-third (1/3) vest on January 15, 2025, one-third (1/3) vest on January 15, 2026, and one-third (1/3) vest on January 15, 2027. Options are typically forfeited when the employment relationship ends for employees.