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4//SEC Filing

Cukier Herm 4

Accession 0000899243-18-011861

CIK 0001103021other

Filed

May 7, 8:00 PM ET

Accepted

May 8, 4:38 PM ET

Size

8.7 KB

Accession

0000899243-18-011861

Insider Transaction Report

Form 4
Period: 2018-05-08
Cukier Herm
DirectorChief Executive Officer
Transactions
  • Award

    Stock Options

    2018-05-08+800,000800,000 total
    Exp: 2021-05-08Common Stock (800,000 underlying)
  • Award

    Restricted Stock Units

    2018-05-08+200,000200,000 total
    Exercise: $0.00Exp: 2021-05-08Common Stock (200,000 underlying)
Footnotes (4)
  • [F1]The Restricted Stock Units ("RSUs") were issued to the Reporting Person on May 8, 2018, pursuant to a grant under the Issuer's 2011 Equity Incentive Plan, as amended (the "Plan"). The award is subject to time-based vesting and will vest in equal portions on: (i) May 8, 2019; (ii) May 8, 2020; and (iii) May 8, 2021.
  • [F2]Upon vesting, each RSU entitles the Reporting Person to one share of the Issuer's common stock. The Reporting Person has been granted the right to elect to defer actual payment of a vested RSU award, subject to compliance with Internal Revenue Code Section 409A.
  • [F3]The exercise price of the stock options issued to the Reporting Person is the volume-weighted average price of the Company's common stock for the 30-day period ending on June 4, 2018.
  • [F4]The stock options were issued to the Reporting Person on May 8, 2018, pursuant to a grant under the Plan. The award is subject to time-based vesting and will vest in equal portions on: (i) May 8, 2019; (ii) May 8, 2020; and (iii) May 8, 2021.

Issuer

BIODELIVERY SCIENCES INTERNATIONAL INC

CIK 0001103021

Entity typeother

Related Parties

1
  • filerCIK 0001739458

Filing Metadata

Form type
4
Filed
May 7, 8:00 PM ET
Accepted
May 8, 4:38 PM ET
Size
8.7 KB