APRICUS BIOSCIENCES, INC. 4
4 · APRICUS BIOSCIENCES, INC. · Filed Mar 17, 2016
Insider Transaction Report
Form 4
Troupin Barbara
Chief Medical Officer
Transactions
- Award
Common Stock
2016-03-15+43,918→ 43,918 total - Award
Stock Option (right to buy)
2016-03-15+200,000→ 200,000 totalExercise: $1.11Exp: 2026-03-14→ Common Stock (200,000 underlying)
Footnotes (3)
- [F1]Award of 43,918 Restricted Stock Units ("RSUs") under the Issuer's 2012 Stock Long Term Incentive Plan with the underlying shares vesting fully on February 15, 2017, subject to the Reporting Person's continued employment or service to the Issuer through such date.
- [F2]Not applicable.
- [F3]This option shall vest with respect to one-fourth of the underlying shares upon the first anniversary of the grant date, and then with respect to the remaining shares monthly thereafter over the next three years so the option will be fully vested as of 3/15/2020, subject to the Reporting Person's continued employment or service to the Issuer through such date.