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FORM 4 ? Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT
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The form option becomes exercisable refers to a form used by individuals who have stock options that have matured, allowing them to exercise their rights to acquire shares.
Individuals who have stock options that have become exercisable and who wish to exercise those options are required to file this form.
To fill out the form, the individual must provide personal details, stock option grant information, and indicate the number of options being exercised along with any required signatures.
The purpose of the form is to formally notify the relevant parties of the exercise of stock options and to fulfill any tax reporting requirements.
The form must report the individual's name, the number of options being exercised, the date of exercise, the option grant details, and any relevant financial information.
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