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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549FORM 3INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES OMB APPROVAL OMB Number: 32350104 Estimated average burden hours

How to fill out this option becomes exercisable

How to fill out this option becomes exercisable

1. To fill out this option becomes exercisable, follow these steps: 1. Open the option exercise form provided by your employer.
2. Fill in your personal information such as name, employee ID, and contact details.
3. Calculate the number of options you want to exercise based on the current exercise price and the number of vested options you have.
4. Specify the exercise price per option and the total amount you want to exercise.
5. Choose the payment method for purchasing the options, such as cash or stock swap.
6. Complete any additional required fields, including tax withholding information.
7. Review the filled form for accuracy and ensure all necessary information is provided.
8. Sign and date the form to confirm your exercise intent.
9. Submit the filled form to the designated department or individual in your company responsible for handling option exercises.

Who needs this option becomes exercisable?

1. This option becomes exercisable is needed by employees who hold stock options as part of their compensation package.
2. It is specifically useful for employees who have reached the vesting period and wish to exercise their options to acquire company stocks at the predetermined exercise price.
3. By exercising the option, employees can potentially benefit from any appreciation in the stock's value.
4. This option is applicable to both current employees and former employees who still hold vested stock options.

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What is this option becomes exercisable?

When the option holder has met the conditions set forth in the option agreement and can now purchase the underlying asset at the specified price.

Who is required to file this option becomes exercisable?

The option holder or the party responsible for administering the option plan.

How to fill out this option becomes exercisable?

The option holder or administrator must notify the appropriate parties and follow the procedures outlined in the option agreement.

What is the purpose of this option becomes exercisable?

To allow the option holder to purchase the underlying asset at the agreed-upon price.

What information must be reported on this option becomes exercisable?

The date the option becomes exercisable, the specified price of the underlying asset, and any other relevant details.