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4//SEC Filing

PRAECIS PHARMACEUTICALS INC 4

Accession 0001033025-05-000004

CIK 0001033025operating

Filed

May 31, 8:00 PM ET

Accepted

Jun 1, 5:12 PM ET

Size

6.9 KB

Accession

0001033025-05-000004

Insider Transaction Report

Form 4
Period: 2005-05-27
WAGNER RICHARD W
EVP, Discovery Research
Transactions
  • Award

    Stock Option (Right to Buy)

    2005-05-27+250,000250,000 total
    Exercise: $0.67From: 2006-05-27Exp: 2015-05-27Common Stock, par value $.01 per share (250,000 underlying)
Holdings
  • Common Stock, par value $.01 per share

    7,085
Footnotes (3)
  • [F1]Includes 3,876 shares acquired under the PRAECIS Employee Stock Purchase Plan on January 2, 2005.
  • [F2]The term of the option is ten years from the date of grant.
  • [F3]These options vest and become exercisable over a four-year period. Options with respect to 25% of the shares vest and become exercisable on May 27, 2006, and options with respect to the remaining shares vest and become exercisable in equal monthly installments thereafter. These options shall vest and become immediately exercisable under certain circumstances in connection with a change of control of the Company.

Issuer

PRAECIS PHARMACEUTICALS INC

CIK 0001033025

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001033025

Filing Metadata

Form type
4
Filed
May 31, 8:00 PM ET
Accepted
Jun 1, 5:12 PM ET
Size
6.9 KB