Ophthotech Corp. 4
4 · Ophthotech Corp. · Filed Jun 3, 2016
Insider Transaction Report
Form 4
Ophthotech Corp.OPHT
Redlick David E
Director
Transactions
- Award
Stock Option (Right To Buy)
2016-06-02+7,000→ 7,000 totalExercise: $58.29Exp: 2026-06-01→ Common Stock (7,000 underlying) - Award
Restricted Stock Units
2016-06-02+1,750→ 1,750 totalExp: 2026-06-01→ Common Stock (1,750 underlying)
Footnotes (3)
- [F1]Subject to Reporting Person providing continued services to the Issuer and other terms and conditions under the Registrant's 2013 Stock Incentive Plan, the option will vest and become exercisable in 12 consecutive, equal installments on each consecutive monthly anniversary of the date of grant, until fully vested and exercisable on the first anniversary of the date of grant. Any unvested shares subject to the option will be accelerated in full one business day prior to the Issuer's 2017 annual meeting of stockholders.
- [F2]Each restricted stock unit represents the contingent right to receive one share of Issuer common stock upon vesting of the unit.
- [F3]Subject to Reporting Person providing continued services to the Issuer and other terms and conditions under a Restricted Stock Unit Agreement by and between the Reporting Person and the Issuer, the Restricted Stock Unit award will vest with respect to 100% of the shares subject to the award on the earlier of (i) the first anniversary of the grant date or (ii) one business day prior to the Issuer's 2017 annual meeting of stockholders.