VIVUS INC 4
4 · VIVUS INC · Filed Jan 30, 2014
Insider Transaction Report
Form 4
VIVUS INCVVUS
Day Wesley
VP, Clinical Research
Transactions
- Award
Common Stock
2014-01-28+4,200→ 35,252 total - Award
Employee Stock Option (right to buy)
2014-01-28+38,300→ 38,300 totalExercise: $7.75Exp: 2021-01-28→ Common Stock (38,300 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of VIVUS, Inc. common stock.
- [F2]The restricted stock units vest according to the following schedule: 25% of the total restricted stock units vest on the yearly anniversary of the Vesting Commencement Date. The Vesting Commencement Date is January 28, 2014.
- [F3]Twenty-five percent (25%) of the total number of shares become exercisable on 01/28/2015 and one forty-eighth (1/48th) of the total number of shares becomes exercisable on the 28th of each month thereafter.