PARKS GARY C 4
4 · IMMTECH INTERNATIONAL INC · Filed Nov 7, 2003
Insider Transaction Report
Form 4
PARKS GARY C
Treasurer, Secretary and CFO
Transactions
- Award
Incentive Stock Option (Right to Buy)
2003-11-06$21.66/sh+15,000$324,900→ 64,195 totalExercise: $21.66Exp: 2013-11-05→ Common Stock, $0.01 par value (15,000 underlying)
Footnotes (2)
- [F1]The option vests in equal monthly installments over 24 months.
- [F2]Includes: 2,262 shares of Common Stock issuable upon the conversion of Series A Convertible Preferred Stock, 1,000 shares of Common Stock issuable upon the exercise of warrants as follows: warrant to purchase 1,000 shares of Common Stock at $6.00 per share by February 14, 2007 only after the Series A Convertible Preferred Stock has been converted, and 64,195 shares of Common Stock issuable upon the exercise of options as follows: vested option to purchase 14,195 shares of Common Stock at $1.74 per share by April 16, 2008, option to purchase 10,000 shares of Common Stock at $10.00 per share by July 19, 2011, an option to purchase 25,000 shares of Common Stock at $2.55 per share by December 24, 2012 (options vest in equal monthly installments over 3 years from date of grant), and option to purchase 15,000 shares of Common Stock at $21.66 per share by November 5, 2013 (options vest in equal monthly installments over 24 months from date of grant).