Louis Md Brenner, Allena Pharmaceuticals, Inc.'s President and COO, just received 209,303 restricted shares from the company. The restricted shares don't become available to Brenner until such time as they become vested. Brenner now owns at least 209,303 restricted shares of the company.
Some additional info was provided as follows:
Each restricted stock unit represents a contingent right to receive one share of common stock. The restricted stock units were granted pursuant to a retention plan approved by the Issuer.
40% shall vest on May 10, 2021 and the remaining 60% shall vest on November 10, 2021, subject to the Reporting Person's continued service through each vesting date.
The above information was disclosed in a fi ling to the SEC. To see the filing, click here.
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