4//SEC Filing
MATHEWS CHARLES 4
Accession 0001104659-12-021329
CIK 0001251769other
Filed
Mar 26, 8:00 PM ET
Accepted
Mar 27, 2:12 PM ET
Size
6.3 KB
Accession
0001104659-12-021329
Insider Transaction Report
Form 4
LPATH, INCLPTN
MATHEWS CHARLES
Director
Transactions
- Award
Restricted Stock Units
2012-03-14+40,000→ 40,000 totalExercise: $0.00→ Class A Common Stock (40,000 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 shall vest over one year. Twenty-five percent of the Restricted Stock Units will vest on the date three months following the vesting commencement date of March 14, 2012 and the remaining seventy-five percent will vest in three 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, disability, death, or sale of Lpath.
Documents
Issuer
LPATH, INC
CIK 0001251769
Entity typeother
Related Parties
1- filerCIK 0001190315
Filing Metadata
- Form type
- 4
- Filed
- Mar 26, 8:00 PM ET
- Accepted
- Mar 27, 2:12 PM ET
- Size
- 6.3 KB