Rivest Daniel 4
4 · DERMA SCIENCES, INC. · Filed Apr 2, 2009
Insider Transaction Report
Form 4
Rivest Daniel
Exec. VP - First Aid Products
Transactions
- Award
stock option (right to buy)
2009-03-31+75,000→ 75,000 totalExercise: $0.39Exp: 2019-02-25→ common stock (75,000 underlying) - Award
stock option (right to buy)
2009-03-31+50,000→ 50,000 totalExercise: $0.39From: 2009-03-31Exp: 2019-02-25→ common stock (50,000 underlying)
Footnotes (3)
- [F1]The options vested as to 12,500 shares on March 31, 2009, the date of the execution of the stock option agreement relative to the subject grant, and vest as to an additional 12,500 shares on each anniversary of the February 25, 2009 grant date.
- [F2]The options were issued in consideration of the reporting person's services to the issuer and without payment of cash consideration.
- [F3]The options vest, if at all, in accordance with the Company's performance in 2009 and the reporting person's contribution thereto as determined by the Board of Directors.