4//SEC Filing
KESSEL LARRY 4
Accession 0000942708-05-000159
CIK 0001043873other
Filed
Jul 31, 8:00 PM ET
Accepted
Aug 1, 7:43 PM ET
Size
8.2 KB
Accession
0000942708-05-000159
Insider Transaction Report
Form 4
KESSEL LARRY
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2005-07-28−50,000→ 0 totalExercise: $1.41Exp: 2010-02-27→ Common Stock (50,000 underlying) - Award
Stock Option (right to buy)
2005-07-28+50,000→ 50,000 totalExercise: $1.41Exp: 2010-02-27→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]16,666 options become exercisable on February 27, 2006, 16,667 options become exercisable on February 27, 2007, and 16,667 options becomes exercisable on February 27, 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 February 28, 2005 for 50,000 shares at $1.41 per share. In exchange, the reporting person received options for 50,000 shares at $1.41 as described herein.
Documents
Issuer
NOVADEL PHARMA INC
CIK 0001043873
Entity typeother
Related Parties
1- filerCIK 0001199105
Filing Metadata
- Form type
- 4
- Filed
- Jul 31, 8:00 PM ET
- Accepted
- Aug 1, 7:43 PM ET
- Size
- 8.2 KB