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Wednesday, 12/09/2020 10:44:58 AM

Wednesday, December 09, 2020 10:44:58 AM

Post# of 14167
Thom’s 11.5 million share vesting schedule:
The restricted stock unit awards vest upon performance and do not contain a conversion or exercise price. 5% of the RSU's vest upon FDA approval of the company's class III PMA, an additional 10% of the RSU's will vest upon the execution of each commercial distribution agreement for the marketing of its products up to a maximum of three such agreements and the balance will vest upon the company achieving $30 million in gross cumulative sales or a covered transaction as defined in the agreement.

A trigger event- like completing an acquisition of UEEC is the quickest route to his riches.
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  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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