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4//SEC Filing

VIVUS INC 4

Accession 0001104659-15-004783

CIK 0000881524operating

Filed

Jan 26, 7:00 PM ET

Accepted

Jan 27, 4:41 PM ET

Size

7.9 KB

Accession

0001104659-15-004783

Insider Transaction Report

Form 4
Period: 2015-01-23
MARSH GUY P
VP, Operations & General Mgr.
Transactions
  • Award

    Common Stock

    2015-01-23+11,00031,725 total
  • Award

    Employee Stock Option (right to buy)

    2015-01-23+105,100105,100 total
    Exercise: $2.74Exp: 2022-01-23Common Stock (105,100 underlying)
Footnotes (4)
  • [F1]Each restricted stock unit represents a contingent right to receive one share of VIVUS, Inc. common stock.
  • [F2]The restricted stock unit award (the "RSU Award") will vest pursuant to the following four (4) year schedule commencing on January 1, 2015: one fourth (1/4th) of the RSU Award will vest on January 1, 2016, and an additional one sixteenth (1/16th) of the RSU Award will vest at the end of each calendar quarter thereafter (i.e., March 31st, June 30th, September 30th and December 31st), subject to such individual continuing to be a Service Provider (as defined in the Issuer's 2010 Equity Incentive Plan) on the relevant vesting dates.
  • [F3]Includes 1,056 shares acquired under the VIVUS, Inc. Employee Stock Purchase Plan on November 14, 2014.
  • [F4]Twenty-five percent (25%) of the total number of shares underlying the options will vest on January 23, 2016, and one forty-eighth (1/48th) of the total number of shares underlying the options will vest on the 23rd of each month thereafter, subject to such individual continuing to be a Service Provider (as defined in the Issuer's 2010 Equity Incentive Plan) on the relevant vesting dates.

Documents

1 file

Issuer

VIVUS INC

CIK 0000881524

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000881524

Filing Metadata

Form type
4
Filed
Jan 26, 7:00 PM ET
Accepted
Jan 27, 4:41 PM ET
Size
7.9 KB