4//SEC Filing
MARASCO WAYNE A 4
Accession 0001005477-05-002550
CIK 0000320017other
Filed
Jul 21, 8:00 PM ET
Accepted
Jul 22, 5:23 PM ET
Size
7.0 KB
Accession
0001005477-05-002550
Insider Transaction Report
Form 4
MARASCO WAYNE A
DirectorSenior Scientific Advisor
Transactions
- Award
Stock option (right to buy)
2005-07-20+2,500,000→ 2,500,000 totalExercise: $0.06Exp: 2015-07-20→ Common Stock (2,500,000 underlying)
Footnotes (2)
- [F1]1,000,000 of the options vest immediately upon the date of grant and the remainder of the options shall vest in two equal annual installments beginning one year from the date of grant.
- [F2]If the filing person pays the exercise price with shares of common stock, the plan committee appointed by the Board of Directors may, in its discretion, grant the filing person an option with a reload feature. A reload stock option, which will be granted at the same time that payment is received on the option exercise, will grant the filing person the option to purchase (i) the number of shares of common stock equal to the sum of the number of shares used to exercise the option (or the number of shares not received if the filing person paid the option price by receiving a reduced number of shares on exercise), or (ii) in the case of non-qualified stock options, the number of shares of common stock used to satisfy any tax withholding requirement related to the exercise of such option. The term of a reload option will be equal to the remaining term of the option which gave rise to the reload option.
Documents
Issuer
PHASE III MEDICAL INC/DE
CIK 0000320017
Entity typeother
Related Parties
1- filerCIK 0001242548
Filing Metadata
- Form type
- 4
- Filed
- Jul 21, 8:00 PM ET
- Accepted
- Jul 22, 5:23 PM ET
- Size
- 7.0 KB