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The options issued to the executive will vest in accordance with the following schedule: (i) 1/3 of the shares underlying the option will vest immediately on the Effective Date, (ii) 1/3 of the shares underlying the option will vest on the one-year anniversary of the Effective Date, and (iii) 1/3 of the shares underlying the option will vest on the two-year anniversary of the Effective Date."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"On April 19, 2018, the Company granted an option to purchase 70,000 shares of Common Stock to Mr. Wang. 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