4/A: Tivic Health CFO Amends Stock Option Vesting Schedule
Beneficial Ownership Amendment
Tivic Health Systems' CFO Lisa G Wolf filed an amended Form 4 to correct an administrative error regarding her stock option vesting schedule.
Summary
- An amendment to a previously filed Form 4 was submitted by Lisa G Wolf, Chief Financial Officer of Tivic Health Systems, Inc.
- The amendment corrects an administrative error in the vesting schedule for an employee stock option.
- The stock option is for 80,000 shares of Common Stock with an exercise price of $3.32.
- The corrected vesting schedule states 25% vests on the first anniversary of the grant date, and the remaining 75% vests in twelve equal quarterly installments thereafter, leading to 100% vesting on the fourth anniversary of the grant date.
Sentiment
Score: 5
Explanation: Neutral, as this is an administrative correction to a vesting schedule and does not reflect operational or financial performance.
Industry Context
This administrative correction to an executive's stock option vesting schedule is specific to Tivic Health Systems and does not directly relate to broader industry trends or competitor performance.
Stakeholder Impact
- Minimal impact on shareholders, as this is an administrative correction to an existing stock option grant for a single executive.
Key Dates
| Date | Description |
|---|---|
| 08/06/2025 | Grant date of the employee stock option. |
| 08/08/2025 | Date the original Form 4 was filed. |
| 08/22/2025 | Date the amended Form 4/A was signed. |
| 08/06/2026 | First anniversary of the grant date, when 25% of the stock option vests. |
| 08/06/2029 | Fourth anniversary of the grant date, when 100% of the stock option will be vested. |
| 08/05/2035 | Expiration date of the employee stock option. |
Keywords
Tivic Health Systems, TIVC, Form 4/A, SEC filing, stock option, vesting schedule, CFO, Lisa G Wolf, beneficial ownership
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