INFINITY PHARMACEUTICALS, INC. 4
4 · INFINITY PHARMACEUTICALS, INC. · Filed May 26, 2017
Insider Transaction Report
Form 4
Berkowitz Jeffrey
Director
Transactions
- Award
Stock Option (right to buy)
2017-05-25+20,000→ 20,000 totalExercise: $1.74Exp: 2027-05-25→ Common Stock (20,000 underlying) - Award
Common Stock
2017-05-25$1.74/sh+5,747$10,000→ 36,131 total
Footnotes (2)
- [F1]Pursuant to the issuer's non-employee director compensation program, the reporting person has elected to receive this grant of shares in lieu of cash as payment of approximately one-quarter of such person's $40,000 annual retainer for service as a director.
- [F2]The option vests over a period of one year in equal quarterly installments beginning at the end of the first quarter after the date of grant, provided that the holder continues to serve as a director of the issuer.