Mark K. Oki - 06 Dec 2024 Form 4 Insider Report for ACHIEVE LIFE SCIENCES, INC. (ACHV)

Signature
Sandra Thomson as attorney-in-fact for Mark Oki
Issuer symbol
ACHV
Transactions as of
06 Dec 2024
Net transactions value
$0
Form type
4
Filing time
09 Dec 2024, 16:39:27 UTC
Previous filing
09 Dec 2024
Next filing
30 Jan 2026

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ACHV Common Stock Options (right to buy) Award $0 +72,000 $0.000000 72,000 06 Dec 2024 Common Stock 72,000 $4.52 Direct F1
transaction ACHV Performance Restricted Stock Unit (PRSU) Award $0 +168,000 $0.000000 168,000 06 Dec 2024 Common Stock 168,000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest one-third on the first anniversay of December 5, 2024 and thereafter in monthly installments over 24 months.
F2 Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock at settlement.
F3 Pursuant to the terms of the award agreement governing the PRSU, the total number of shares underlying the PRSU vest on the achievement of one of certain milestones being met. The PRSUs will lapse in full if achievement of at least one of the milestones is not met.