Hoffmann Rolf K 4
4 · Paratek Pharmaceuticals, Inc. · Filed Feb 28, 2019
Insider Transaction Report
Form 4
Hoffmann Rolf K
Director
Transactions
- Award
Common Stock
2019-02-26+7,500→ 26,000 total - Award
Stock Option (right to buy)
2019-02-26+5,000→ 5,000 totalExercise: $7.23Exp: 2029-02-26→ Common Stock (5,000 underlying)
Footnotes (3)
- [F1]Represents restricted stock units granted to the Reporting Person under the Paratek Pharmaceuticals, Inc. 2015 Equity Incentive Plan. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock. The restricted stock units shall vest on the one-year anniversary of February 26, 2019, subject to the Reporting Person's continued service with the Issuer through the vesting date.
- [F2]The exercise price is equal to the closing sales price per share of the Issuer's common stock as reported on The Nasdaq Global Market on the date of grant.
- [F3]The stock option shall vest as to 1/12 of the shares subject to the stock option on the one-month anniversary following February 26, 2019, and on the same calendar date of each successive month thereafter until fully vested, subject to the Reporting Person's continued service with the Issuer through each vesting date.