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4//SEC Filing

VIVUS INC 4

Accession 0001123292-17-000299

CIK 0000881524operating

Filed

Jan 30, 7:00 PM ET

Accepted

Jan 31, 6:43 PM ET

Size

7.2 KB

Accession

0001123292-17-000299

Insider Transaction Report

Form 4
Period: 2017-01-27
Varghese Santosh T
VP, Medical & Reg Affairs
Transactions
  • Sale

    Common Stock

    2017-01-28$1.11/sh429$47674,037 total
  • Award

    Employee Stock Option (right to buy)

    2017-01-27+385,000385,000 total
    Exercise: $1.12Exp: 2024-01-27Common Stock (385,000 underlying)
Footnotes (2)
  • [F1]Sold to pay the tax liability resulting from the vesting of 925 restricted stock units granted on January 28, 2014.
  • [F2]Twenty-five percent (25%) of the total number of shares underlying the option will vest and become exercisable on January 27, 2018, and one forty-eighth (1/48th) of the total number of shares underlying the option will vest on the 27th of each month thereafter, subject to the reporting person continuing to be a Service Provider (as defined in the Issuer's 2010 Equity Incentive Plan) on the relevant vesting dates.

Issuer

VIVUS INC

CIK 0000881524

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000881524

Filing Metadata

Form type
4
Filed
Jan 30, 7:00 PM ET
Accepted
Jan 31, 6:43 PM ET
Size
7.2 KB