Cukier Herm 4
4 · BIODELIVERY SCIENCES INTERNATIONAL INC · Filed Jan 31, 2020
Insider Transaction Report
Form 4
Cukier Herm
DirectorChief Executive Officer
Transactions
- Award
Restricted Stock Units
2020-01-29+90,580→ 90,580 totalExercise: $0.00Exp: 2023-01-29→ Common Stock (90,580 underlying) - Award
Stock Options (right to buy)
2020-01-29+440,490→ 440,490 totalExercise: $6.17Exp: 2030-01-29→ Common Stock (440,490 underlying)
Footnotes (4)
- [F1]The exercise price of the stock options issued to the Reporting Person is the volume-weighted average price of the Issuer's common stock for the 30-day period ending on January 28, 2020.
- [F2]The stock options were issued to the Reporting Person on January 29, 2020, pursuant to a grant under the Issuer's 2019 Stock Option and Incentive Plan (the "Plan"). The award is subject to time-based vesting and will vest in equal portions on: (i) January 29, 2021; (ii) January 29, 2022; and (iii) January 29, 2023.
- [F3]The Restricted Stock Units ("RSUs") were issued to the Reporting Person on January 29, 2020, pursuant to a grant under the Plan. The award is subject to time-based vesting and will vest in equal portions on: (i) January 29, 2021; (ii) January 29, 2022; and (iii) January 29, 2023.
- [F4]Upon vesting, each RSU entitles the Reporting Person to one share of the Issuer's common stock.