Minh Hoang Merchant, Vermillion's General Counsel & Secretary, has just filed an initial statement of beneficial ownership where 34,700 shares of Vermillion were declared. This form is usually filed as a prelude to receiving options or buying company shares, so there may be more to come from Merchant. Merchant operates out of Austin, CA. Some additional info was provided as follows:
The option vests in four equal annual installments beginning on January 4, 2023.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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