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ACHIEVE LIFE SCIENCES, INC. — Director's Dealing 2021
Jan 28, 2021
33882_dirs_2021-01-28_2f7d9f4d-673e-40d5-9da3-25668340473e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ACHIEVE LIFE SCIENCES, INC. (ACHV)
CIK: 0000949858
Period of Report: 2021-01-26
Reporting Person: Wann Jerry (Principal Accounting Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-01-26 | Performance Restricted Stock Unit (PRSU) | $ | A | 2500 | Acquired | 2025-01-26 | Common Stock (2500) | Direct |
| 2021-01-26 | Stock Option (right to buy) | $13.09 | A | 15000 | Acquired | 2031-01-26 | Common Stock (15000) | Direct |
Footnotes
F1: Each PRSU represents a contingent right to receive one share of the issuer's common stock at settlement.
F2: Pursuant to the terms of the PRSU 50% of the total shares underlying the PRSU vest on the achievement of a performance-based milestone, and 50% vest on the first anniversary of the achievement of such milestone. The PRSUs will lapse in full if achievement of such milestone is not met.
F3: The options vest 25% on the first anniversary of January 26, 2021 and thereafter in monthly installments over 36 months.