MATHEWS CHARLES 4
4 · LPATH, INC · Filed Nov 21, 2012
Insider Transaction Report
Form 4
LPATH, INCLPTN
MATHEWS CHARLES
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2012-11-20+2,858→ 2,858 total - Exercise/Conversion
Restricted Stock Unit
2012-11-20−2,858→ 0 totalExercise: $0.00→ Class A Common Stock (2,858 underlying)
Footnotes (3)
- [F1]Represents a restricted stock unit previously reported as 20,000 shares as adjusted to reflect a 1-for-7 reverse stock split that occurred on October 8, 2012.
- [F2]The restricted stock unit represented a right to receive shares of Lpath, Inc. Class A common stock, subject to vesting requirements, at no additional conversion or exercise price.
- [F3]The restricted stock unit vested in 16 equal quarterly installments from the date of grant. Vested shares were delivered to the reporting person on the fifth anniversary of the date of grant.