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FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).(Last)3.
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Exercisable in four equal refers to the ability or right to exercise a certain option or benefit in four equal installments.
Individuals or entities who have been granted exercisable in four equal benefits or options are required to file it.
To fill out exercisable in four equal, the individual or entity must provide information about the option or benefit being exercised, the timeframe of the installments, and any relevant financial details.
The purpose of exercisable in four equal is to allow individuals or entities to exercise their options or benefits in a structured and organized manner, spreading out the financial impact over time.
Information such as the details of the option or benefit, the installment schedule, any financial implications, and any related agreements or contracts must be reported on exercisable in four equal.
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