McVeigh Brian 4
4 · ZAFGEN, INC. · Filed May 30, 2018
Insider Transaction Report
Form 4
ZAFGEN, INC.ZFGN
McVeigh Brian
Chief Business Officer
Transactions
- Award
Stock Option (Right to Buy)
2018-05-29+225,000→ 225,000 totalExercise: $6.46Exp: 2028-05-29→ Common Stock (225,000 underlying)
Footnotes (1)
- [F1]25% of this option vests on May 29, 2019 and the remainder vests in equal monthly installments thereafter over a 3-year period. The option has been granted pursuant to an inducement award agreement outside of the company's 2014 Stock Option and Incentive Plan as a material inducement to the reporting person's acceptance of employment with the company in accordance with NASDAQ Listing Rule 5635(c)(4). The option is subject to acceleration upon a change in control pursuant to the terms of the reporting person's Severance and Change in Control Agreement dated as of May 29, 2018.