GENDREAU R MICHAEL 4
4 · CYPRESS BIOSCIENCE INC · Filed Jan 4, 2006
Insider Transaction Report
Form 4
GENDREAU R MICHAEL
Chief Medical Officer
Transactions
- Award
Stock Option (right to buy)
2006-01-02+40,000→ 40,000 totalExercise: $5.78Exp: 2016-01-02→ Common Stock (40,000 underlying)
Footnotes (1)
- [F1]50% of the shares subject to the option shall vest daily and ratably during 2006, and the remaining 50% shall vest daily and ratably over the next three years, such that the option shall be fully vested on January 2, 2010.