RTI SURGICAL, INC. 4
4 · RTI SURGICAL, INC. · Filed Jan 30, 2017
Insider Transaction Report
Form 4
Farhat Camille
Chief Executive Officer
Transactions
- Award
Common Stock
2017-01-26+850,000→ 1,000,000 total - Award
Common Stock
2017-01-26+150,000→ 150,000 total - Award
Option to purchase Common Stock
2017-01-26+1,950,000→ 1,950,000 totalExercise: $3.20Exp: 2022-01-26→ Common (1,950,000 underlying)
Footnotes (5)
- [F1]Represents shares of restricted stock of RTI Surgical,Inc. (the "Company") that will vest on the day after Mr. Farhat's acquisition in the open market of shares of the Company valued at $500,000 so long as such acquisition is on or before March 15, 2018.
- [F2]Includes 150,000 shares of restricted stock of the Company.
- [F3]Represents shares of restricted stock of the Company that will vest as follows: 170,000 shares on January 26, 2018 and 42,500 shares each quarter beginning on March 31, 2018 through December 31, 2021. Vesting may accelerate upon the occurrence of either of two performance conditions.
- [F4]Includes 1,000,000 shares of restricted stock of the Company.
- [F5]The 1,950,000 options vest, if at all, in three 650,000 share increments if the average per share closing price of the common stock exceeds $6.00, $7.00 and $8.00, respectively, for 60 consecutive calendar days.