WILSON LELAND F 4
4 · VIVUS INC · Filed Jun 13, 2012
Insider Transaction Report
Form 4
VIVUS INCVVUS
WILSON LELAND F
DirectorPresident & CEO
Transactions
- Sale
Common Stock
2012-06-11$25.18/sh−26,120$657,702→ 119,112 total - Exercise/Conversion
Employee Stock Option (right to buy)
2012-06-11−23,880→ 0 totalExercise: $4.15Exp: 2015-01-24→ Common Stock (23,880 underlying) - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2012-06-11−26,120→ 50,000 totalExercise: $4.15Exp: 2015-01-24→ Common Stock (26,120 underlying) - Exercise/Conversion
Common Stock
2012-06-11$4.15/sh+23,880$99,102→ 142,992 total - Exercise/Conversion
Common Stock
2012-06-11$4.15/sh+26,120$108,398→ 145,232 total - Sale
Common Stock
2012-06-11$25.18/sh−23,880$601,298→ 119,112 total
Footnotes (4)
- [F1]The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 16, 2010.
- [F2]The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $25.00 to $25.57 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- [F3]Includes 841 shares acquired on May 14, 2012 under the VIVUS, Inc. Employee Stock Purchase Plan.
- [F4]The option is fully vested and immediately exercisable.