Valentino Michael J 4
4 · PLx Pharma Inc. · Filed Nov 20, 2020
Insider Transaction Report
Form 4
PLx Pharma Inc.PLXP
Valentino Michael J
DirectorExecutive Chairman
Transactions
- Award
Stock Option (right to buy)
2020-11-18+160,000→ 160,000 totalExercise: $5.15Exp: 2030-11-18→ Common Stock (160,000 underlying) - Purchase
Common Stock
2020-11-18$3.79/sh+264,900$1,003,176→ 461,690 total - Purchase
Warrants (right to buy)
2020-11-18+291,390→ 291,390 totalExercise: $4.31From: 2020-11-18Exp: 2025-11-18→ Common Stock (291,390 underlying)
Footnotes (3)
- [F1]Grant of stock options to the Reporting Person under the Issuer's 2018 Incentive Plan.
- [F2]These stock options vest over a three year period as follows: 1/3 on the first anniversary of the grant date, 1/3 on the second anniversary of the grant date and 1/3 on the third anniversary of the grant date.
- [F3]Issued pursuant to a private placement in connection with the purchase of immediately serparable units comprised of common stock and warrants.