Hughes Thomas E. 4
4 · ZAFGEN, INC. · Filed Oct 11, 2017
Insider Transaction Report
Form 4
ZAFGEN, INC.ZFGN
Hughes Thomas E.
DirectorChief Executive Officer
Transactions
- Award
Employee Stock Option (right to buy)
2017-10-09+275,000→ 275,000 totalExercise: $3.40Exp: 2027-10-09→ Common Stock (275,000 underlying)
Footnotes (1)
- [F1]The option vests and becomes exercisable based on the Issuer's common stock price during the two years after the first anniversary of the date of grant as follows: 25% of shares subject to the option vest after the stock price is equal to or greater than $10.00 per share for 20 consecutive trading days; and an additional 6.25% of the shares subject to the option vest for every additional $2.50 in stock price above $10.00 per share for 20 consecutive trading days.