LI CHIANG J 4

Accession 0001019695-07-000007

CIK 0001019695other

View on SEC.gov Company Profile

Filed

Jan 29, 7:00 PM ET

Accepted

Jan 30, 5:01 PM ET

Size

27.5 KB

Accession

0001019695-07-000007

Insider Transaction Report

Form 4

Period: 2007-01-26

ARQULE INCARQL

LI CHIANG J

VP, Chief Scientific Officer

Transactions

Disposition to Issuer
Employee Stock Options
2007-01-26−75,000→ 0 total
Exercise: $5.36Exp: 2014-01-15→ Common Stock (75,000 underlying)
Disposition to Issuer
Employee Stock Options
2007-01-26−115,000→ 0 total
Exercise: $4.60Exp: 2013-09-08→ Common Stock (115,000 underlying)
Award
Employee Stock Options
2007-01-26+64,375→ 64,375 total
Exercise: $6.17From: 2007-01-26Exp: 2008-12-31→ Common Stock (64,375 underlying)
Disposition to Issuer
Employee Stock Options
2007-01-26−80,000→ 0 total
Exercise: $5.73Exp: 2016-01-19→ Common Stock (80,000 underlying)
Disposition to Issuer
Employee Stock Options
2007-01-26−50,000→ 0 total
Exercise: $6.31Exp: 2015-01-19→ Common Stock (50,000 underlying)
Award
Employee Stock Options
2007-01-26+20,000→ 20,000 total
Exercise: $5.73Exp: 2007-12-31→ Common Stock (20,000 underlying)
Award
Employee Stock Options
2007-01-26+115,000→ 115,000 total
Exercise: $4.60Exp: 2007-12-31→ Common Stock (115,000 underlying)
Award
Employee Stock Options
2007-01-26+25,000→ 25,000 total
Exercise: $6.31Exp: 2007-12-31→ Common Stock (25,000 underlying)
Award
Employee Stock Options
2007-01-26+12,500→ 12,500 total
Exercise: $6.17From: 2007-01-26Exp: 2017-01-26→ Common Stock (12,500 underlying)
Award
Employee Stock Options
2007-01-26+56,250→ 56,250 total
Exercise: $5.36Exp: 2007-12-31→ Common Stock (56,250 underlying)

Footnotes (7)

[F1]Amendment of outstanding option resulting in deemed cancellation of option and grant of replacement option. The option was originally granted on November 20, 2003 and provides for vesting in four equal installments commencing on July 2, 2003. The amendment will extend the post termination expiration date to December 31, 2007.
[F2]Employee stock option grant.
[F3]Amendment of outstanding option resulting in deemed cancellation of option and grant of replacement option. The option was originally granted on January 15, 2004 and provides for vesting in four equal annual installments commencing on January 15, 2005. The amendment will extend the post termination expiration date to December 31, 2007 for options that were exercisable and vested on the date of termination. As a result of the Reporting Person leaving the employ of the Company, the option grant lapsed as to the remaining 18,750 unvested options.
[F4]Amendment of outstanding option resulting in deemed cancellation of option and grant of replacement option. The option was originally granted on January 19, 2005 and provides for vesting in four equal installments commencing on January 19, 2006. The amendment will extend the post termination expiration date to December 31, 2007 for options that were exercisable and vested on the date of termination. Pursuant to the Separation Agreement and Release, by and between the issuer and the Reporting Person forfeited the remaining 25,000 unvested options. As a result of the Reporting Person leaving the employe of the Company, the option grant lapsed as to the remaining 25,000 unvested options.
[F5]Amendment of outstanding option resulting in deemed cancellation of option and grant of replacement option. The option was originally granted on January 19, 2006 and provides for vesting in four equal installments commencing on January 19, 2007. The amendment will extend the post termination expiration date to December 31, 2007 for options that were exercisable and vested on the date of termination. As a result of the Reporting Person leaving the employe of the Company, the option grant lapsed as to the remaining 60,000 unvested options.
[F6]The options are fully vested and exercisable on the date of grant.
[F7]The employee stock options were granted for service on the issuers Scientific Advisory Board.

Documents

1 file

4
primary_doc.xmlPrimary
PRIMARY DOCUMENT

Issuer

ARQULE INC

CIK 0001019695

→

Entity typeother

Related Parties

filerCIK 0001270116

Filing Metadata

Form type: 4
Filed: Jan 29, 7:00 PM ET
Accepted: Jan 30, 5:01 PM ET
Size: 27.5 KB

View on SEC.gov