Shaw Allan 4
4 · VIVUS INC · Filed Aug 16, 2018
Insider Transaction Report
Form 4
VIVUS INCVVUS
Shaw Allan
Director
Transactions
- Exercise/Conversion
Common Stock
2018-08-15+1,389→ 63,366 total - Exercise/Conversion
Restricted Stock Units
2018-08-15−1,389→ 2,778 total→ Common Stock (1,389 underlying) - Tax Payment
Common Stock
2018-08-15$0.63/sh−438$276→ 62,928 total
Footnotes (3)
- [F1]Restricted stock units converted into VIVUS, Inc. common stock on a 1-for-1 basis upon vesting.
- [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: 8/36ths of the total restricted stock units originally granted vested on May 15, 2016 and an additional 1/36th of the total restricted stock units originally granted vest on the 15th of each month thereafter, subject to the individual continuing to be a Service Provider (as defined in the VIVUS, Inc. 2010 Equity Incentive Plan) on the relevant vesting dates.