Bonney Thomas E 4
4 · NOVADEL PHARMA INC · Filed Aug 1, 2005
Insider Transaction Report
Form 4
Bonney Thomas E
Director
Transactions
- Award
Stock Option (right to buy)
2005-07-28+100,000→ 100,000 totalExercise: $1.38Exp: 2010-03-09→ Common Stock (100,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2005-07-28−100,000→ 0 totalExercise: $1.38Exp: 2010-03-09→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]33,333 options become exercisable on March 10, 2006, 33,333 options become exercisable on March 10, 2007, and 33,334 options become exercisable on March 10,2008.
- [F2]On July 28, 2005, the issuer canceled, pursuant to a disclosure and release agreement, a five-year option granted to the reporting person on March 10, 2005 for 100,000 shares at $1.38 per share. In exchange, the reporting person received options for 100,000 shares at $1.38 as described herein.