Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PALI | Stock Option (Right to Buy) | Award | $0 | +29K | $0.00 | 29K | Feb 11, 2025 | Common Stock | 29K | $1.13 | Direct | F1 | |
transaction | PALI | Restricted Stock Units | Award | $0 | +24K | $0.00 | 24K | Feb 11, 2025 | Common Stock | 24K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | The shares subject to this option shall vest and become exercisable in twelve equal quarterly installments over a three-year period with vesting commencing on May 11, 2025, subject to the Reporting Person's continuous service to the Issuer through each such vesting date. |
F2 | Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. |
F3 | The RSUs shall vest in three equal annual installments beginning on February 11, 2026, subject to the Reporting Person's continuous service to the Issuer through each such vesting date. |