Exhibit 99.1
Summary of Stock Options Subject to Accelerated Vesting
Aggregate number of shares | Weighted average | |||||||
issuable upon acceleration | exercise price | |||||||
of unvested stock options | per share | |||||||
Chief Executive Officer | 385,000 | $ | 5.89 | |||||
Chief Financial Officer | 230,000 | $ | 6.15 | |||||
All other employees | 524,199 | $ | 6.07 | |||||
Total (1) | 1,139,199 | $ | 6.03 |
(1) The accelerated stock options represent approximately 26% of the Company’s currently outstanding stock options.
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