David B Singer, a director of Strategic Environmental & Energy Resources, Inc., just received 15,000 options from the company. The strike price of the options received was $33.74, and these expire on June 17, 2031. Singer now owns at least 15,000 options on the company.
Some additional info was provided as follows:
Shares subject to the option vest on the earlier of (i) June 17, 2022 or (ii) the day prior to the date of the Issuer's next annual meeting of stockholders.
The reporting person is a Managing Partner of Maverick Capital Ventures, LLC (Maverick Ventures), the general partner of Maverick Ventures Investment Fund, L.P. and Maverick Advisors Fund, L.P. The reporting person is deemed to hold the reported stock option for the benefit of the Maverick V entures, which entity is entitled to the shares of Class A Common Stock issued upon exercise. Maverick Ventures may be deemed the indirect beneficial owner of this stock option, and the reporting person may be deemed the indirect beneficial owner of the option through his indirect interest in Maverick Ventures. The reporting person disclaims beneficial ownership of the stock option except to the extent of his pecuniary interest therein.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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Other recent filings from the company include the following: