InvestorsHub Logo
Followers 69
Posts 7598
Boards Moderated 0
Alias Born 01/10/2014

Re: Ortiz post# 447674

Sunday, 01/14/2024 10:41:46 AM

Sunday, January 14, 2024 10:41:46 AM

Post# of 461983
The form 4 filed on 1/12/2024 was to report a tranche of stock options being priced to Dr. Missling (President and CEO) and Sandra Boenisch (PFO & Treasurer)

"1. On June 27, 2022, the reporting person was granted an option to purchase 500,000 shares of common stock. The option vests in four equal tranches based on four performance milestones, one of which included topline data readout of ANAVEX2-73-RS-003 EXCELLENCE clinical trial in Rett Syndrome. The performance criteria for this milestone was met, resulting in vesting of the option as to 125,000 shares."

https://www.sec.gov/Archives/edgar/data/1314052/000173112224000070/xslF345X05/ownership.xml

For the record they were priced at $10.09

On a side note, "retail" needs to understand that in microcap equity the "insiders" are not operating the company for your benefit as much as they are operating it for themselves and the small group of people who created the public trading entity today known as Anavex. I like to joke the Greek Mafia is probably among the insiders put in motion the OTC reverse merger of the printing company shell to create the company we know today.
Bullish
Bullish
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AVXL News