Tanya Hayden - 19 Jun 2022 Form 4 Insider Report for Acer Therapeutics Inc. (ACER)

Signature
/s/ Harry S. Palmin, Attorney-in-Fact
Issuer symbol
ACER
Transactions as of
19 Jun 2022
Transactions value $
$0
Form type
4
Filing time
22 Jun 2022, 16:06:53 UTC
Next filing
16 Mar 2023

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 ACER Employee Stock Option (right to buy) Award $0 +25K $0.00 25K 19 Jun 2022 Common Stock 25K $1.76 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests and becomes exercisable over four years as follows: 25% of the shares vest on June 19, 2023, and the remaining 75% of the shares vest quartrly over the remaining three years.