VIVUS INC 4
4 · VIVUS INC · Filed Nov 1, 2016
Insider Transaction Report
Form 4
VIVUS INCVVUS
Plutzky Jorge MD
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2016-10-31−3,125→ 0 total→ Common Stock (3,125 underlying) - Exercise/Conversion
Common Stock
2016-10-31+3,125→ 47,147 total - Disposition to Issuer
Common Stock
2016-10-31$1.05/sh−940$987→ 46,207 total
Footnotes (3)
- [F1]Restricted stock units converted into VIVUS, Inc. common stock on a 1-for-1 basis.
- [F2]The reporting person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than by way of forfeiture to VIVUS, Inc. in order to cover estimated tax liability.
- [F3]The restricted stock units vest according to the following schedule: 7/12ths of the total restricted stock units originally granted vested on May 30, 2016, and an additional 1/12th of the total restricted stock units originally granted vest on the last day of each calendar month thereafter, subject to the individual continuing to be a Service Provider (as defined in the 2010 Equity Incentive Plan) on the relevant vesting dates.