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Berger Heather A.

Disclosed activity across 2 companies

Tapewire entity
39299
SEC CIK
0001751873

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Reported relationships

Latest disclosed role at each company.

CompanyLast reported asReport datePublished
Design Therapeutics, Inc.DSGN · Entity 4991DirectorJune 09, 2026June 11, 2026

Disclosed balances

About these balances

Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.

Design Therapeutics, Inc.

Report date June 09, 2026 · Filed June 11, 2026

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Stock Option (right to buy)SEC Table II · derivative / convertible security · Conversion / exercise price $10.55 · Expires 2036-06-08Direct30,000 Reported balance After 2026-06-09 transaction · row 1 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 1 · 2026-06-09 · Grant · Acquired 30,000 · Balance 30,000

F1: The shares subject to the option vest in equal monthly installments over 12 months following June 9, 2026 provided that the shares subject to the option will in any case be fully vested on the date of the Company's next annual meeting of stockholders.

Filing footnotes · ownership attribution and instrument terms

F1: The shares subject to the option vest in equal monthly installments over 12 months following June 9, 2026 provided that the shares subject to the option will in any case be fully vested on the date of the Company's next annual meeting of stockholders.

Past disclosures · reporting ended (1)

No longer tracked through insider filings. These historical balances do not imply present ownership or a zero position.

Entasis Therapeutics Holdings Inc.

Report date July 07, 2022 · Filed July 11, 2022

Section 16 reporting ended · disclosed 2022-07-11. Current position is not established by this disclosure.

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Common StockSEC Table I · non-derivativeDirect0 Reported balance After 2022-07-07 transaction · row 1 Sequence does not reconcile; account continuity is unresolved.
1 source row

Row 1 · 2022-07-07 · Other · Disposed 22,000 · Balance 0

F1: Disposed of to Innoviva Merger Sub, Inc. ("Merger Sub"), which, pursuant to the Agreement and Plan of Merger, dated May 23, 2022, by and between the Issuer, Innoviva, Inc. ("Innoviva"), and Merger Sub (the "Merger Agreement"), completed a tender offer to acquire all of the issued and outstanding shares of the Issuer's common stock (other than those shares owned by Innoviva and Merger Sub) at a purchase price of $2.20 per share (the "Offer Price").

Common StockSEC Table I · non-derivativeDirect0 Reported balance After 2022-07-11 transaction · row 2 Sequence does not reconcile; account continuity is unresolved.
1 source row

Row 2 · 2022-07-11 · Disposition to issuer · Disposed 27,500 · Balance 0

F2: Each Issuer restricted stock unit that was outstanding immediately prior to the date and time at which the merger of Merger Sub with and into the Issuer (the "Merger") became effective (the "Effective Time") was deemed vested and converted into the right to receive a cash payment equal to the per share Merger consideration of $2.20.

Stock Option (right to buy)SEC Table II · derivative / convertible security · Conversion / exercise price $2.44Direct0 Reported balance After 2022-07-11 transaction · row 3 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 3 · 2022-07-11 · Other · Disposed 17,307 · Balance 0

F3: Pursuant to the Merger Agreement, at the Effective Time, each Company stock option with a per share exercise price less than the Offer Price, whether or not vested, was terminated and cancelled, and the holder thereof will receive the Offer Price less any applicable per share exercise price for each share subject to such award, pursuant to the terms set forth in the Merger Agreement. Each Company stock option with a per share exercise price equal to or greater than the Offer Price was cancelled immediately prior to the Effective Time, with no consideration payable.

Stock Option (right to buy)SEC Table II · derivative / convertible security · Conversion / exercise price $2.98Direct0 Reported balance After 2022-07-11 transaction · row 4 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 4 · 2022-07-11 · Other · Disposed 11,000 · Balance 0

F3: Pursuant to the Merger Agreement, at the Effective Time, each Company stock option with a per share exercise price less than the Offer Price, whether or not vested, was terminated and cancelled, and the holder thereof will receive the Offer Price less any applicable per share exercise price for each share subject to such award, pursuant to the terms set forth in the Merger Agreement. Each Company stock option with a per share exercise price equal to or greater than the Offer Price was cancelled immediately prior to the Effective Time, with no consideration payable.

Filing footnotes · ownership attribution and instrument terms

F1: Disposed of to Innoviva Merger Sub, Inc. ("Merger Sub"), which, pursuant to the Agreement and Plan of Merger, dated May 23, 2022, by and between the Issuer, Innoviva, Inc. ("Innoviva"), and Merger Sub (the "Merger Agreement"), completed a tender offer to acquire all of the issued and outstanding shares of the Issuer's common stock (other than those shares owned by Innoviva and Merger Sub) at a purchase price of $2.20 per share (the "Offer Price").

F2: Each Issuer restricted stock unit that was outstanding immediately prior to the date and time at which the merger of Merger Sub with and into the Issuer (the "Merger") became effective (the "Effective Time") was deemed vested and converted into the right to receive a cash payment equal to the per share Merger consideration of $2.20.

F3: Pursuant to the Merger Agreement, at the Effective Time, each Company stock option with a per share exercise price less than the Offer Price, whether or not vested, was terminated and cancelled, and the holder thereof will receive the Offer Price less any applicable per share exercise price for each share subject to such award, pursuant to the terms set forth in the Merger Agreement. Each Company stock option with a per share exercise price equal to or greater than the Offer Price was cancelled immediately prior to the Effective Time, with no consideration payable.

Transaction history

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateCompanyActivity / securityShares / unitsReported priceReported valueDetails
June 09, 2026 Filed Jun 11, 2026 20:15 UTC Design Therapeutics, Inc. DSGN · Entity 4991 GrantStock Option (right to buy) · Derivative 30,000 $0.00 Strike: $10.55 $0.00
Disclosure

SEC source: 0001751873-26-000002 · form4-06112026_040606.xml · derivative · entry 1

Berger Heather A. · CIK 0001751873 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 30,000

Underlying: Common Stock · 30,000 shares

Expires 2036-06-08

F1 · derivative.exercise_date: The shares subject to the option vest in equal monthly installments over 12 months following June 9, 2026 provided that the shares subject to the option will in any case be fully vested on the date of the Company's next annual meeting of stockholders.

Read SEC document
June 10, 2025 Filed Jun 12, 2025 20:30 UTC Design Therapeutics, Inc. DSGN · Entity 4991 GrantStock Option (right to buy) · Derivative 19,000 $0.00 Strike: $4.01 $0.00
Disclosure

SEC source: 0001415889-25-016956 · form4-06122025_040606.xml · derivative · entry 1

Berger Heather A. · CIK 0001751873 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 19,000

Underlying: Common Stock · 19,000 shares

Expires 2035-06-09

F1 · derivative.exercise_date: The shares subject to the option vest in equal monthly installments over 12 months following June 10, 2025 provided that the shares subject to the option will in any case be fully vested on the date of the Company's next annual meeting of stockholders.

Read SEC document
June 13, 2024 Filed Jun 17, 2024 21:00 UTC Design Therapeutics, Inc. DSGN · Entity 4991 GrantStock Option (right to buy) · Derivative 19,000 $0.00 Strike: $3.82 $0.00
Disclosure

SEC source: 0001415889-24-017238 · form4-06172024_050614.xml · derivative · entry 1

Berger Heather A. · CIK 0001751873 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 19,000

Underlying: Common Stock · 19,000 shares

Expires 2034-06-12

F1 · derivative.exercise_date: The shares subject to the option vest in equal monthly installments over 12 months following June 13, 2024 provided that the shares subject to the option will in any case be fully vested on the date of the Company's next annual meeting of stockholders.

Read SEC document
March 25, 2024 Filed Mar 25, 2024 23:09 UTC Design Therapeutics, Inc. DSGN · Entity 4991 PurchaseCommon Stock 1,300 $3.74 $4,865.77
Disclosure

SEC source: 0001415889-24-009062 · form4-03252024_110307.xml · nonDerivative · entry 1

Berger Heather A. · CIK 0001751873 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,300

Read SEC document
May 31, 2023 Filed Jun 2, 2023 20:31 UTC Design Therapeutics, Inc. DSGN · Entity 4991 GrantStock Option (right to buy) · Derivative 15,000 $0.00 Strike: $5.63 $0.00
Disclosure

SEC source: 0001209191-23-033781 · doc4.xml · derivative · entry 1

Berger Heather A. · CIK 0001751873 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 15,000

Underlying: Common Stock · 15,000 shares

Expires 2033-05-30

F1 · derivative.exercise_date: The shares subject to the option vest in equal monthly installments over 12 months following May 31, 2023 provided that the shares subject to the option will in any case be fully vested on the date of the Company's next annual meeting of stockholders.

Read SEC document
July 11, 2022 Filed Jul 11, 2022 16:04 UTC Entasis Therapeutics Holdings Inc. ETTX · Entity 16036 OtherStock Option (right to buy) · Derivative 11,000 $0.00 Strike: $2.98 $0.00
Disclosure

SEC source: 0001104659-22-078788 · tm2220760-2_4seq1.xml · derivative · entry 4

Berger Heather A. · CIK 0001751873 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 11,000 shares

Expires not disclosed

F3 · derivative.exercise_date: Pursuant to the Merger Agreement, at the Effective Time, each Company stock option with a per share exercise price less than the Offer Price, whether or not vested, was terminated and cancelled, and the holder thereof will receive the Offer Price less any applicable per share exercise price for each share subject to such award, pursuant to the terms set forth in the Merger Agreement. Each Company stock option with a per share exercise price equal to or greater than the Offer Price was cancelled immediately prior to the Effective Time, with no consideration payable.

F3 · derivative.expiration_date: Pursuant to the Merger Agreement, at the Effective Time, each Company stock option with a per share exercise price less than the Offer Price, whether or not vested, was terminated and cancelled, and the holder thereof will receive the Offer Price less any applicable per share exercise price for each share subject to such award, pursuant to the terms set forth in the Merger Agreement. Each Company stock option with a per share exercise price equal to or greater than the Offer Price was cancelled immediately prior to the Effective Time, with no consideration payable.

Read SEC document
July 11, 2022 Filed Jul 11, 2022 16:04 UTC Entasis Therapeutics Holdings Inc. ETTX · Entity 16036 OtherStock Option (right to buy) · Derivative 17,307 $0.00 Strike: $2.44 $0.00
Disclosure

SEC source: 0001104659-22-078788 · tm2220760-2_4seq1.xml · derivative · entry 3

Berger Heather A. · CIK 0001751873 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 17,307 shares

Expires not disclosed

F3 · derivative.exercise_date: Pursuant to the Merger Agreement, at the Effective Time, each Company stock option with a per share exercise price less than the Offer Price, whether or not vested, was terminated and cancelled, and the holder thereof will receive the Offer Price less any applicable per share exercise price for each share subject to such award, pursuant to the terms set forth in the Merger Agreement. Each Company stock option with a per share exercise price equal to or greater than the Offer Price was cancelled immediately prior to the Effective Time, with no consideration payable.

F3 · derivative.expiration_date: Pursuant to the Merger Agreement, at the Effective Time, each Company stock option with a per share exercise price less than the Offer Price, whether or not vested, was terminated and cancelled, and the holder thereof will receive the Offer Price less any applicable per share exercise price for each share subject to such award, pursuant to the terms set forth in the Merger Agreement. Each Company stock option with a per share exercise price equal to or greater than the Offer Price was cancelled immediately prior to the Effective Time, with no consideration payable.

Read SEC document
July 11, 2022 Filed Jul 11, 2022 16:04 UTC Entasis Therapeutics Holdings Inc. ETTX · Entity 16036 Disposition to issuerCommon Stock 27,500 $2.20 $60,500.00
Disclosure

SEC source: 0001104659-22-078788 · tm2220760-2_4seq1.xml · nonDerivative · entry 2

Berger Heather A. · CIK 0001751873 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F2 · shares: Each Issuer restricted stock unit that was outstanding immediately prior to the date and time at which the merger of Merger Sub with and into the Issuer (the "Merger") became effective (the "Effective Time") was deemed vested and converted into the right to receive a cash payment equal to the per share Merger consideration of $2.20.

F2 · price: Each Issuer restricted stock unit that was outstanding immediately prior to the date and time at which the merger of Merger Sub with and into the Issuer (the "Merger") became effective (the "Effective Time") was deemed vested and converted into the right to receive a cash payment equal to the per share Merger consideration of $2.20.

Read SEC document
July 07, 2022 Filed Jul 11, 2022 16:04 UTC Entasis Therapeutics Holdings Inc. ETTX · Entity 16036 OtherCommon Stock 22,000 $2.20 $48,400.00
Disclosure

SEC source: 0001104659-22-078788 · tm2220760-2_4seq1.xml · nonDerivative · entry 1

Berger Heather A. · CIK 0001751873 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F1 · shares: Disposed of to Innoviva Merger Sub, Inc. ("Merger Sub"), which, pursuant to the Agreement and Plan of Merger, dated May 23, 2022, by and between the Issuer, Innoviva, Inc. ("Innoviva"), and Merger Sub (the "Merger Agreement"), completed a tender offer to acquire all of the issued and outstanding shares of the Issuer's common stock (other than those shares owned by Innoviva and Merger Sub) at a purchase price of $2.20 per share (the "Offer Price").

F1 · price: Disposed of to Innoviva Merger Sub, Inc. ("Merger Sub"), which, pursuant to the Agreement and Plan of Merger, dated May 23, 2022, by and between the Issuer, Innoviva, Inc. ("Innoviva"), and Merger Sub (the "Merger Agreement"), completed a tender offer to acquire all of the issued and outstanding shares of the Issuer's common stock (other than those shares owned by Innoviva and Merger Sub) at a purchase price of $2.20 per share (the "Offer Price").

Read SEC document
June 15, 2022 Filed Jun 16, 2022 21:05 UTC Design Therapeutics, Inc. DSGN · Entity 4991 GrantStock Option (right to buy) · Derivative 15,000 $0.00 Strike: $13.69 $0.00
Disclosure

SEC source: 0001209191-22-037503 · doc4.xml · derivative · entry 1

Berger Heather A. · CIK 0001751873 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,000

Underlying: Common Stock · 15,000 shares

Expires 2032-06-14

F1 · derivative.exercise_date: The shares subject to the option vest in equal monthly installments over 12 months following June 15, 2022 provided that the shares subject to the option will in any case be fully vested on the date of the Company's next annual meeting of stockholders.

Read SEC document
January 18, 2022 Filed Jan 19, 2022 16:02 UTC Entasis Therapeutics Holdings Inc. ETTX · Entity 16036 GrantCommon Stock 27,500 $0.00 $0.00
Disclosure

SEC source: 0001104659-22-005418 · tm223320-6_4seq1.xml · nonDerivative · entry 1

Behanna Heather · CIK 0001751873 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,500

F1 · shares: This award vests in full on the first anniversary of the date of grant, subject to the reporting person's continued service as a director of the Company.

Read SEC document
July 16, 2021 Filed Feb 15, 2022 16:02 UTC Entasis Therapeutics Holdings Inc. ETTX · Entity 16036 GrantStock Option (Right to Buy) · Derivative 5,769 Not disclosed Strike: $2.44 Not disclosed
Disclosure

SEC source: 0001104659-22-023772 · tm226724-4_4seq1.xml · derivative · entry 4

Behanna Heather · CIK 0001751873 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,769

Underlying: Common Stock · 5,769 shares

Expires 2031-07-15

F5 · price: On July 16, 2021, the issuer canceled, pursuant to the issuer's option exchange program, an option for 7,500 shares of issuer's common stock granted to the Reporting Person on June 19, 2019. In exchange, the Reporting Person received a replacement option for 5,769 shares of issuer's common stock, having an exercise price of $2.44 per share.

F6 · derivative.exercise_date: The shares subject to this option will vest in full on July 16, 2022, subject to the Reporting Person's continuing to provide service through such date.

Read SEC document
July 16, 2021 Filed Feb 15, 2022 16:02 UTC Entasis Therapeutics Holdings Inc. ETTX · Entity 16036 Disposition to issuerStock Option (Right to Buy) · Derivative 7,500 Not disclosed Strike: $6.12 Not disclosed
Disclosure

SEC source: 0001104659-22-023772 · tm226724-4_4seq1.xml · derivative · entry 3

Behanna Heather · CIK 0001751873 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 7,500 shares

Expires 2029-06-18

F5 · price: On July 16, 2021, the issuer canceled, pursuant to the issuer's option exchange program, an option for 7,500 shares of issuer's common stock granted to the Reporting Person on June 19, 2019. In exchange, the Reporting Person received a replacement option for 5,769 shares of issuer's common stock, having an exercise price of $2.44 per share.

F4 · derivative.exercise_date: The option provided for vesting as follows: The shares subject to this option will vest in equal monthly installments over the 12 months following the date of grant, provided that the option will in any case be fully vested on the date of the next annual stockholder meeting, subject to the Reporting Person's continued service through each such vesting date.

Read SEC document
July 16, 2021 Filed Feb 15, 2022 16:02 UTC Entasis Therapeutics Holdings Inc. ETTX · Entity 16036 GrantStock Option (Right to Buy) · Derivative 11,538 Not disclosed Strike: $2.44 Not disclosed
Disclosure

SEC source: 0001104659-22-023772 · tm226724-4_4seq1.xml · derivative · entry 2

Behanna Heather · CIK 0001751873 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,538

Underlying: Common Stock · 11,538 shares

Expires 2031-07-15

F2 · price: On July 16, 2021, the issuer canceled, pursuant to the issuer's option exchange program, an option for 15,000 shares of issuer's common stock granted to the Reporting Person on January 18, 2019. In exchange, the Reporting Person received a replacement option for 11,538 shares of issuer's common stock, having an exercise price of $2.44 per share.

F3 · derivative.exercise_date: The shares subject to this option will vest in full on July 16, 2022, subject to the Reporting Person's continuing to provide service through such date.

Read SEC document
July 16, 2021 Filed Feb 15, 2022 16:02 UTC Entasis Therapeutics Holdings Inc. ETTX · Entity 16036 Disposition to issuerStock Option (Right to Buy) · Derivative 15,000 Not disclosed Strike: $5.66 Not disclosed
Disclosure

SEC source: 0001104659-22-023772 · tm226724-4_4seq1.xml · derivative · entry 1

Behanna Heather · CIK 0001751873 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 15,000 shares

Expires 2029-01-17

F2 · price: On July 16, 2021, the issuer canceled, pursuant to the issuer's option exchange program, an option for 15,000 shares of issuer's common stock granted to the Reporting Person on January 18, 2019. In exchange, the Reporting Person received a replacement option for 11,538 shares of issuer's common stock, having an exercise price of $2.44 per share.

F1 · derivative.exercise_date: The option provided for vesting as follows: The shares subject to this option will vest in full on January 1, 2020, subject to the Reporting Person's continued service through such vesting date.

Read SEC document
June 15, 2021 Filed Jun 16, 2021 21:17 UTC Design Therapeutics, Inc. DSGN · Entity 4991 GrantStock Option (right to buy) · Derivative 30,000 $0.00 Strike: $27.04 $0.00
Disclosure

SEC source: 0001209191-21-040988 · doc4.xml · derivative · entry 1

Behanna Heather · CIK 0001751873 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,000

Underlying: Common Stock · 30,000 shares

Expires 2031-06-14

F1 · derivative.exercise_date: The shares subject to the option vest in equal monthly installments over a three year period following June 15, 2021 (the "Grant Date") such that the option is fully vested on the third anniversary of the Grant Date.

Read SEC document
April 01, 2021 Filed Apr 2, 2021 10:35 UTC Entasis Therapeutics Holdings Inc. ETTX · Entity 16036 GrantCommon Stock 22,000 $0.00 $0.00
Disclosure

SEC source: 0001104659-21-045914 · tm2111994-3_4seq1.xml · nonDerivative · entry 1

Behanna Heather · CIK 0001751873 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,000

Read SEC document
June 10, 2020 Filed Oct 6, 2020 16:32 UTC Entasis Therapeutics Holdings Inc. ETTX · Entity 16036 GrantStock Option (Right to Buy) · Derivative 11,000 $0.00 Strike: $2.98 $0.00
Disclosure

SEC source: 0001104659-20-112659 · a4.xml · derivative · entry 1

Behanna Heather · CIK 0001751873 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,000

Underlying: Common Stock · 11,000 shares

Expires 2030-06-09

F1 · derivative.exercise_date: The shares subject to this option will vest in equal monthly installments over the 12 months following the date of grant, provided that the option will in any case be fully vested on the date of the next annual stockholder meeting, subject to the Reporting Persons's continued service through each such vesting date.

Read SEC document
June 19, 2019 Filed Jun 21, 2019 16:03 UTC Entasis Therapeutics Holdings Inc. ETTX · Entity 16036 GrantStock Option (Right to Buy) · Derivative 7,500 $0.00 Strike: $6.12 $0.00
Disclosure

SEC source: 0001104659-19-037004 · a4.xml · derivative · entry 1

Behanna Heather · CIK 0001751873 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,500

Underlying: Common Stock · 7,500 shares

Expires 2029-06-18

F1 · derivative.exercise_date: The shares subject to this option will vest in equal monthly installments over the 12 months following the date of grant, provided that the option will in any case be fully vested on the date of the next annual stockholder meeting, subject to the Reporting Persons's continued service through each such vesting date.

Read SEC document
January 18, 2019 Filed Jan 22, 2019 16:56 UTC Entasis Therapeutics Holdings Inc. ETTX · Entity 16036 GrantStock Option (right to buy) · Derivative 15,000 $0.00 Strike: $5.66 $0.00
Disclosure

SEC source: 0001209191-19-004765 · doc4.xml · derivative · entry 1

Behanna Heather · CIK 0001751873 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,000

Underlying: Common Stock · 15,000 shares

Expires 2029-01-17

F1 · derivative.exercise_date: One hundred percent (100%) of the shares subject to the option shall vest on January 1, 2020, subject to the Reporting Person continuing to provide service through such date.

Read SEC document

Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.