4//SEC Filing
CYTODYN INC 4
Accession 0000899243-15-010384
$CYDYCIK 0001175680operating
Filed
Dec 22, 7:00 PM ET
Accepted
Dec 23, 7:48 PM ET
Size
12.7 KB
Accession
0000899243-15-010384
Insider Transaction Report
Form 4
CYTODYN INCCYDY
BURGER DENIS R
Director
Transactions
- Disposition to Issuer
Stock Options (right to buy)
2015-12-21−15,616→ 0 totalExercise: $1.00Exp: 2019-02-18→ Common Stock (15,616 underlying) - Award
Stock Options (right to buy)
2015-12-21+15,616→ 15,616 totalExercise: $1.00Exp: 2024-02-18→ Common Stock (15,616 underlying) - Disposition to Issuer
Stock Options (right to buy)
2015-12-21−50,000→ 0 totalExercise: $0.97Exp: 2020-06-01→ Common Stock (50,000 underlying) - Award
Stock Options (right to buy)
2015-12-21+50,000→ 50,000 totalExercise: $0.97Exp: 2025-06-01→ Common Stock (50,000 underlying)
Footnotes (3)
- [F1]The reported transactions involve the amendment of certain outstanding options to extend the expiration date of each by a period of five years, resulting in (for purposes of Section 16 of the Exchange Act of 1934, as amended) the deemed cancellation of the "old" option and the grant of a replacement option. There have been no changes in the exercise prices of such options, which were all at or above the closing sale price of the issuer's common stock as of the date of the reported transactions.
- [F2]Such options were fully vested and exercisable as of the date of the reported transactions.
- [F3]Such options were originally granted on June 1, 2015 and provide for vesting in four equal quarterly installments commencing on September 1, 2015.
Documents
Issuer
CYTODYN INC
CIK 0001175680
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001175680
Filing Metadata
- Form type
- 4
- Filed
- Dec 22, 7:00 PM ET
- Accepted
- Dec 23, 7:48 PM ET
- Size
- 12.7 KB