Varghese Santosh T 4
4 · VIVUS INC · Filed Feb 6, 2018
Insider Transaction Report
Form 4
VIVUS INCVVUS
Varghese Santosh T
VP, Medical & Reg Affairs
Transactions
- Award
Employee Stock Option (right to buy)
2018-02-02+262,500→ 262,500 totalExercise: $0.40→ Common Stock (262,500 underlying)
Footnotes (2)
- [F1]One fourth (1/4th) of the total number of shares underlying the option vest on February 2, 2019, and one forty-eighth (1/48th) of the total number of shares underlying the option vest on the last day 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.
- [F2]The option expires on the earlier of (a) February 2, 2025 and (b) the twelve (12) month anniversary of the date the reporting person ceases to be a Service Provider (as defined in the Issuer's 2010 Equity Incentive Plan).