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PULSE BIOSCIENCES, INC. — Director's Dealing 2019
Jan 18, 2019
32093_dirs_2019-01-18_0388ad74-620d-4f47-a553-4aea929b59b7.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Pulse Biosciences, Inc. (PLSE)
CIK: 0001625101
Period of Report: 2019-01-11
Reporting Person: Ebbers Ed (EVP & GM, Dermatology)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 40376 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $4.68 | 2026-07-13 | Common Stock (56159) | Direct | |
| Stock Option (right to buy) | $27.14 | 2027-02-15 | Common Stock (30000) | Direct |
Footnotes
F1: 10,863 shares are represented by restricted stock units ("RSUs"). Each RSU represents the Reporting Person's right to receive one share of Common Stock of the Issuer. Fifty percent (50%) of the RSUs will vest on June 1, 2019 and the remaining 50% will vest on June 1, 2021, subject to the Reporting Person's continued service through each vesting date.
F2: The original option was for 117,200 shares. The remaining unexercised shares subject to the option will vest in equal monthly installments and will be fully vested on July 11, 2020, subject to the Reporting Person's continued service through each vesting date.
F3: The shares subject to the option will vest in equal monthly installments over a four year period that began on February 15, 2017, subject to the Reporting Person's continued service through each vesting date.