QLT INC/BC 4
4 · QLT INC/BC · Filed Jul 8, 2008
Insider Transaction Report
Form 4
QLT INC/BCQLTI
Massey Ian J
Director
Transactions
- Award
Phanton Stock
2008-05-13+7,500→ 22,500 total→ Common Stock (7,500 underlying)
Footnotes (4)
- [F1]Phantom Stock consisting of deferred stock units payable only in cash.
- [F2]1-for-1
- [F3]Deferred Stock Units vest in 36 equal monthly installments from the first day of the first month after the date of grant.
- [F4]Vested phantom stock (deferred stock units) have no fixed expiration date but are payable in cash upon departure from the Board of Directors, and unvested phantom stock (deferred stock units) expire on that date.