Greenberger Lee M 4
4 · ENZON PHARMACEUTICALS INC · Filed Jan 19, 2012
Insider Transaction Report
Form 4
Greenberger Lee M
VP, Research
Transactions
- Award
Common Stock
2012-01-17+3,500→ 36,146 total - Award
Employee Stock Option (Right to Buy)
2012-01-17+12,000→ 12,000 totalExercise: $6.69Exp: 2022-01-17→ Common Stock (12,000 underlying)
Footnotes (4)
- [F1]Restricted Stock Units granted by the Issuer pursuant to its 2011 Stock Option and Incentive Plan and qualified under Rule 16b-3(d). Each unit represents a contingent right to receive one share of the Issuer's Common Stock.
- [F2]The Restricted Stock Units will vest in three (3) tranches. Of the 3,500 Restricted Stock Units granted, 1,166 will vest on January 17, 2013, 1,167 will vest on January 17, 2014, and 1,167 will vest on January 17, 2015, in each case if the Reporting Person remains employed by the Issuer on such date. The Restricted Stock Units do not have an expiration date.
- [F3]Options granted by Issuer pursuant to its 2011 Stock Option and Incentive Plan and qualified under Rule 16b-3(d).
- [F4]The options will vest in four (4) tranches. Of the 12,000 options granted, 3,000 options will vest on January 17, 2013, 3,000 options will vest on January 17, 2014, 3,000 options will vest on January 17, 2015, and the remaining 3,000 options will vest on January 17, 2016, in each case if the Reporting Person remains employed by the Issuer on such date.