PALATIN TECHNOLOGIES INC 4
4 · PALATIN TECHNOLOGIES INC · Filed Jun 28, 2013
Insider Transaction Report
Form 4
MOLINOFF PERRY B
Director
Transactions
- Award
stock option (right to buy)
2013-06-27+30,000→ 30,000 totalExercise: $0.62From: 2013-07-31Exp: 2023-06-27→ common stock (30,000 underlying)
Footnotes (1)
- [F1]The options vest at the rate of 1/12 per month on the last day of each month, starting on July 31, 2013, provided, however, that no options shall become exercisable prior to the Issuance Period End Date, as such term is defined in the securities purchase agreement filed as Exhibit 10.1 to a Current Report on Form 8-K, filed by Palatin Technologies, Inc. with the Securities and Exchange Commission on July 6, 2012.