Vivani Medical grants options to director Bradbury
BRADBURY DANIEL reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
BRADBURY DANIEL reported acquisition or exercise transactions in this Form 4 filing.
Vivani Medical, Inc. reported that director Daniel Bradbury received a grant of 7,965 non-qualified stock options to buy common stock at 1.3000 per share. The options have a 10-year term, expire on July 26, 2026, and vest quarterly through December 31, 2026, subject to his continued service. The award, held directly, was issued under the non-employee director compensation policy in lieu of $8,000 in cash retainer fees for increased committee service, leaving him with 7,965 options reported in this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Option (right to buy) F2, F1 | 7,965 | $1.30 | $10K |
Footnotes (2)
- F1. The stock options have a 10-year term and vests quarterly through December 31, 2026, subject to the Reporting Person's continued service through each such date.
- F2. Awarded pursuant to the Issuer's non-employee director compensation policy in lieu of cash retainer fees of $8,000, provided in consideration for increased committee service.
Key Figures
Key Terms
Non-Qualified Stock Option (right to buy) financial
non-employee director compensation policy financial
cash retainer fees financial
vests quarterly financial
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