Barry James J 4
4 · pSivida Corp. · Filed Dec 19, 2017
Insider Transaction Report
Form 4
pSivida Corp.PSDV
Barry James J
Director
Transactions
- Award
Employee Stock Option (right to buy)
2017-12-15+20,000→ 20,000 totalExercise: $1.77From: 2018-06-27Exp: 2027-06-27→ Common Stock (20,000 underlying) - Award
Deferred Stock Units
2017-12-15+12,500→ 12,500 totalFrom: 2018-06-27→ Common Stock (12,500 underlying)
Footnotes (2)
- [F1]Each deferred stock unit represents the right to receive one share of the common stock of pSivida Corp. (the "Company").
- [F2]Subsequent to the vesting of the deferred stock units, the deferred stock units will be settled in shares of the Company's common stock upon the earliest to occur of: (i) the reporting person's termination of service on the Company's Board of Directors and (ii) the occurrence of a "change in control" (as defined in the applicable award agreement) that constitutes a "change in the ownership or effective control of" the Company or "a change in the ownership of a substantial portion of the assets of" the Company, in each case, as determined under Section 409A of the Internal Revenue Code of 1986, as amended, and the regulations issued thereunder.