March 1, 2024 · Form 4 insider transaction
Gates Tyler bought 5,532 shares of VRAR at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Mr. Gates was granted options to purchase an aggregate of 5,532 shares of the issuer's common stock under the 2016 Plan on March 1, 2023, consisting of (i) options to purchase 1,844 shares of the issuer's common stock, at an exercise price of $3.00 per share, which options vest on March 1, 2025, (ii) options to purchase 1,844 shares of the issuer's common stock, at an exercise price of $2.50 per share, which options vest on March 1, 2026, and (ii) options to purchase 1,844 shares of the issuer's common stock, at an exercise price of $2.00 per share, which options vest on March 1, 2027. The foregoing options are set to expire seven years from the grant date.