Morton Neil 4
4 · APRICUS BIOSCIENCES, INC. · Filed Jan 3, 2018
Insider Transaction Report
Form 4
Morton Neil
SVP, Chief Business Officer
Transactions
- Tax Payment
Common Stock
2018-01-01$1.84/sh−2,194$4,037→ 145,831 total - Award
Stock Option (right to buy)
2018-01-03+60,000→ 60,000 totalExercise: $2.11Exp: 2028-01-03→ Common Stock (60,000 underlying)
Footnotes (2)
- [F1]Represents shares forfeited by Reporting Person to cover certain tax liabilities incident to the vesting of the security.
- [F2]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 1/3/2022, subject to the Reporting Person's continued employment or service to the Issuer through such date.