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Minerva Neurosciences, Inc. Director's Dealing 2021

Jun 15, 2021

35086_dirs_2021-06-15_43ac3a21-3cdb-46e0-a307-041c850d48d9.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Minerva Neurosciences, Inc. (NERV)
CIK: 0001598646
Period of Report: 2021-06-11

Reporting Person: DOYLE WILLIAM F (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-06-11 Stock Option (right to buy) $2.90 A 40000 Acquired 2031-06-10 Common Stock (40000) Direct

Footnotes

F1: This option is granted to non-employee directors in accordance with the Company's compensation program for non-employee directors, which provides that each non-employee director is eligible to receive an annual option grant to purchase 40,000 shares of common stock per year.

F2: The shares subject to this option vest in four equal quarterly installments at a rate of 1/4 of the total number of shares every three months, with the first 1/4 vesting on the date that is three months following June 11, 2021 and an additional 1/4 every three months thereafter, subject in each case to the continued service of the Reporting Person as a non-employee director as of such vesting date.