Thomas Francis 3rd Isett - Sep 23, 2021 Form 4 Insider Report for iBio, Inc. (IBIO)

Role
CEO and Executive Chairman, Director
Signature
/s/Thomas F. Isett
Stock symbol
IBIO
Transactions as of
Sep 23, 2021
Transactions value $
$0
Form type
4
Date filed
9/27/2021, 05:30 PM
Previous filing
Dec 13, 2021
Next filing
Sep 12, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IBIO Stock Option (right to buy) Award $0 +2M $0.00 2M Sep 23, 2021 Common Stock 2M $1.17 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options vest as follows: (1) 25% of options granted will vest one year following the grant date; and (2) after one year following the grant date, 6.25% of the options granted will vest for each additional three (3) months of employment, subject to the conditions of the iBio, Inc. 2020 Omnibus Incentive Plan, as amended and the stock option grant agreement.