TARGACEPT INC 4
4 · TARGACEPT INC · Filed Aug 5, 2015
Insider Transaction Report
Form 4
TARGACEPT INCTRGT
BROWN JULIA R
Director
Transactions
- Award
Stock Option (Right to Buy)
2015-08-04+12,500→ 12,500 totalExercise: $2.35From: 2015-08-04Exp: 2025-08-04→ Common Stock (12,500 underlying)
Footnotes (2)
- [F1]The Stock Option vests and becomes exercisable in full as of the date of grant.
- [F2]The Stock Option expires on August 4, 2025; provided, however, that in the event of the director's termination of service as a member of the board, the Stock Option will expire upon the first to occur of the close of the period of three years next succeeding the termination date or the expiration of the option term.