HedgePath Pharmaceuticals, Inc. 4
4 · HedgePath Pharmaceuticals, Inc. · Filed Jul 6, 2016
Insider Transaction Report
Form 4
SEARS SAMUEL P JR
Director
Transactions
- Award
Options to Purchase Common Stock
2016-07-01+150,000→ 150,000 totalExercise: $0.24Exp: 2026-07-01→ Common Stock (150,000 underlying) - Award
Restricted Stock Units
2016-07-01+150,000→ 150,000 total→ Common Stock (150,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a right to receive one share of the issuer's common stock.
- [F2]The RSUs were issued to the reporting person on July 1, 2016, pursuant to a grant under the issuer's 2014 Equity Incentive Plan. The RSUs will vest in three equal annual installments beginning on the first anniversary of the date of grant, provided that if such vesting date is not during an open trading window, then such RSUs will vest on the first day thereafter that is during an open trading window.
- [F3]The options become exercisable in three equal annual installments beginning on the first anniversary of the date of grant.