Paul L Berns, a director of CM Life Sciences III Inc., just received 101,010 options from the company. The strike price of the options received was $4.95, and these expire on September 30, 2032. Berns now owns at least 101,010 options on the company.
Some additional info was provided as follows:
The shares underlying this option shall vest and become exercisable in full September 30, 2023, the one-year anniversary of the grant date, subject to the Reporting Person's continuous service on such vesting date, and subject to full acceleration upon the consummation of a Sale Event (as defined in the Issuer's 2021 Stock Option and Incentive Plan).
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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