4//SEC Filing
Sabbadini Roger Allen 4
Accession 0001104659-09-008448
CIK 0001251769other
Filed
Feb 10, 7:00 PM ET
Accepted
Feb 11, 8:01 PM ET
Size
6.8 KB
Accession
0001104659-09-008448
Insider Transaction Report
Form 4
LPATH, INCLPTN
Sabbadini Roger Allen
VP & Chief Scientific Officer
Transactions
- Award
Restricted Stock Units
2009-02-09+50,000→ 50,000 totalExercise: $0.00→ Class A Common Stock (50,000 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of Lpath, Inc. Class A Common Stock.
- [F2]The Restricted Stock Units were granted to the reporting person pursuant to the Lpath, Inc. Amended and Restated 2005 Equity Incentive Plan and are subject to a vesting schedule described in footnote (3) below.
- [F3]The Restricted Stock Units will vest over four years. Twenty-five percent of the Restricted Stock Units will vest upon the expiration of one year following the date of the grant, and the remaining seventy-five percent will vest in 12 equal quarterly installments thereafter. Vested shares will be delivered to the reporting person on the fifth anniversary of the date of grant or upon an earlier termination of the reporting person's service to Lpath, Inc., disability, death, or sale of Lpath, Inc.
Documents
Issuer
LPATH, INC
CIK 0001251769
Entity typeother
Related Parties
1- filerCIK 0001347073
Filing Metadata
- Form type
- 4
- Filed
- Feb 10, 7:00 PM ET
- Accepted
- Feb 11, 8:01 PM ET
- Size
- 6.8 KB