GERON CORP 4/A
4/A · GERON CORP · Filed May 30, 2007
Insider Transaction Report
Form 4/AAmended
GERON CORPGERN
OKARMA THOMAS
President and CEO
Transactions
- Award
Common Stock
2007-05-23+231,667→ 324,658 total - Award
Employee Stock Option (right to buy)
2007-05-23$9.32/sh+100,000$932,000→ 1,750,000 totalExercise: $9.32Exp: 2017-05-23→ Common Stock (100,000 underlying) - Award
Common Stock
2007-05-23+50,000→ 374,658 total
Footnotes (3)
- [F1]The shares of restricted stock will remain subject to a repurchase right of Geron until May 23, 2008, at which time such repurchase right will lapse with respect to 50% of such shares. Geron's repurchase right will lapse with respect to the balance of the shares on May 23, 2009. The lapse of Geron's repurchase right is conditioned on the employee continuing to provide services to Geron through each vesting date.
- [F2]The shares of restricted stock will remain subject to a repurchase right of Geron over four years, during such time the repurchase right will lapse with respect to 25% of such shares on each anniversary date of the date of grant. The lapse of Geron's repurchase right is conditioned on the employee continuing to provide services to Geron through each vesting date.
- [F3]This option is exercisable in a series of 48 equal monthly installments commencing May 23, 2007 provided the employee continues to provide services to the Company.