INOVIO PHARMACEUTICALS, INC. 4
4 · INOVIO PHARMACEUTICALS, INC. · Filed Mar 7, 2017
Insider Transaction Report
Form 4
Sardesai Niranjan
Chief Operating Officer
Transactions
- Exercise/Conversion
Common Stock
2017-03-05+8,333→ 66,580 total - Tax Payment
Common Stock
2017-03-06$6.95/sh−3,067$21,316→ 63,513 total - Exercise/Conversion
Restricted Stock Unit
2017-03-05−8,333→ 8,333 total→ Common Stock (8,333 underlying)
Footnotes (1)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock. The vesting schedule for the 25,000 restricted stock units is as follows: 8,334 shares vested on March 5, 2016; 8,333 shares vested on March 5, 2017; 8,333 shares will vest on March 5, 2018. Vested units of restricted stock can be settled in shares of common stock, cash or a combination of both.