MOLINOFF PERRY B 4
4 · PALATIN TECHNOLOGIES INC · Filed Jul 2, 2009
Insider Transaction Report
Form 4
MOLINOFF PERRY B
Director
Transactions
- Award
stock option (right to buy)
2009-07-01+40,000→ 40,000 totalExercise: $0.28From: 2009-07-31Exp: 2019-07-01→ common stock (40,000 underlying)
Footnotes (1)
- [F1]The options vest at the rate of 1/12 of the shares per month on the last day of each month, starting on July 31, 2009. The options may vest immediately under certain circumstances following a change of control.