BRYAN BALL - 23 Apr 2024 Form 3 Insider Report for Aadi Bioscience, Inc. (WHWK)

Signature
/s/ Stephen Rodin, as Attorney-in-Fact
Issuer symbol
WHWK
Transactions as of
23 Apr 2024
Net transactions value
$0
Form type
3
Filing time
26 Apr 2024, 16:50:07 UTC
Previous filing
13 Jul 2022
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AADI Common Stock 100,000 23 Apr 2024 Direct

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
holding AADI Stock option (right to buy) 23 Apr 2024 Common Stock 147,500 $13.97 Direct F1
holding AADI Stock option (right to buy) 23 Apr 2024 Common Stock 50,000 $10.93 Direct F2
holding AADI Stock option (right to buy) 23 Apr 2024 Common Stock 65,809 $1.92 Direct
holding AADI Stock option (right to buy) 23 Apr 2024 Common Stock 40,000 $1.92 Direct F3
holding AADI Restricted Stock Units 23 Apr 2024 Common Stock 20,000 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) through each applicable date, twenty five percent (25%) of the shares subject to the option vested on the one-year anniversary of the Vesting Commencement Date and 1/48th of the total shares subject to the option shall vest every month thereafter such that all shares subject to the option shall be fully vested on the four-year anniversary of the Vesting Commencement Date. "Vesting Commencement Date" shall mean August 15, 2022.
F2 Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) through each applicable date, twenty five percent (25%) of the shares subject to the option vested on the one-year anniversary of the Vesting Commencement Date and 1/48th of the total shares subject to the option shall vest every month thereafter such that all shares subject to the option shall be fully vested on the four-year anniversary of the Vesting Commencement Date. "Vesting Commencement Date" shall mean March 1, 2023.
F3 Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) through each applicable date, twenty five percent (25%) of the shares subject to the option shall vest on the one-year anniversary of the Vesting Commencement Date and 1/48th of the total shares subject to the option shall vest every month thereafter such that all shares subject to the option shall be fully vested on the four-year anniversary of the Vesting Commencement Date. "Vesting Commencement Date" shall mean March 1, 2024.
F4 Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) through each applicable date, twenty five percent (25%) of the shares subject to the award shall vest on the one-year anniversary of the Vesting Commencement Date, and twenty five percent (25%) of the shares subject to the award shall vest each of the next three Vesting Commencement Date anniversaries thereafter. "Vesting Commencement Date" shall mean March 1, 2024.
F5 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Aadi Bioscience, Inc. Common Stock.

Remarks:

Exhibit 24 - Power of Attorney Chief Technical Operations Officer and SVP, Manufacturing Operations