Form 4 for BURU Nuburu, Inc.
Accepted 2024-05-21 00:00:00 ET · period of report 2024-05-10 · accession 0000950170-24-062660 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-05-21 | 2024-05-10 | BURU | Knaley Brian | CEO | A - Grant | $0.13 | +1.83M | 1.83M | New | +$237.8K |
| D | 2024-05-21 | 2024-05-10 | BURU | Knaley Brian | CEO | A - Grant | $0.00 | +920.0K | 920.0K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-05-10 | A | A | 1,828,996 | $0.13 | 1,828,996 | D | — | — | (F1) Consists of restricted stock units granted on May 10, 2024 that vested immediately upon grant. |
| 2 | Derivative | Stock Option (right to buy) | 2024-05-10 | A | A | 920,000 | $0.00 | 920,000 | D | $0.13 · — to 2034-05-10 | 920,000 Common Stock | (F2) 25% of the shares subject to the option shall vest and become exercisable on the first anniversary of May 10, 2024 (the "Vesting Commencement Date"), and thereafter, the remainder of the reported securities vest in equal monthly increments over the following 36 months, such that 100% of the reported securities will be vested as of the fourth anniversary of the Vesting Commencement Date, subject to the Reporting Person remaining a service provider through such vesting date. |