Mieyal Paul A 4
4 · NEPHROS INC · Filed Dec 22, 2017
Insider Transaction Report
Form 4
NEPHROS INCNEPH
Mieyal Paul A
Director
Transactions
- Award
Non-qualified stock option
2017-12-20+40,284→ 40,284 totalExercise: $0.50Exp: 2027-12-20→ Common Stock (40,284 underlying) - Award
Common Stock
2017-12-20+73,864→ 73,864 total
Footnotes (2)
- [F1]On December 20, 2017, the Company granted 73,864 shares of restricted stock of the Company (the "Restricted Stock") in lieu of cash fees payable to Mr. Mieyal in respect of his services as a member of the Board of Directors of the Company. The Restricted Stock was granted under the Company's 2015 Equity Incentive Plan (the "2015 Plan"). At the request of Mr. Mieyal, the Restricted Stock was granted to Wexford Capital LP. The Restricted Stock vests 6 months following the grant date.
- [F2]On December 20, 2017, the Company granted an option to purchase 40,284 shares of common stock of the Company (the "Option") in respect of the service by Mr. Mieyal as a member of the Board of Directors of the Company. The Option was granted under the 2015 Plan. At the request of Mr. Mieyal, the Option was granted to Wexford Capital LP. The Option vests as to 13,428 shares on each of 12/20/17, 12/20/18 and 12/20/19.