Form 4: Tivic Health Systems Director, Dean Zikria, Acquires Stock Options
SEC Form 4 Filing
Dean Zikria, a director of Tivic Health Systems, acquired stock options exercisable for 12,000 shares of common stock.
Summary
- On December 18, 2024, Dean Zikria, a director of Tivic Health Systems, acquired stock options.
- The options are exercisable for 12,000 shares of common stock at a price of $0.226 per share.
- The options vest in twelve equal monthly installments starting from the Vesting Commencement Date, with 100% vesting after one year.
- The options expire on December 17, 2034.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock option grants, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The acquisition of stock options by a director can align their interests with those of shareholders, potentially incentivizing them to work towards increasing shareholder value.
Key Dates
| Date | Description |
|---|---|
| 12/18/2024 | Date of transaction: Director Dean Zikria acquired stock options. |
| 12/20/2024 | Date of Form 4 filing. |
| 12/17/2034 | Expiration date of the stock options. |
Keywords
stock options, Tivic Health Systems, Form 4, director, beneficial ownership, TIVC, Dean Zikria
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