4//SEC Filing
Norton David Y 4
Accession 0001123292-18-001041
CIK 0000881524other
Filed
Oct 28, 8:00 PM ET
Accepted
Oct 29, 7:47 PM ET
Size
6.6 KB
Accession
0001123292-18-001041
Insider Transaction Report
Form 4
VIVUS INCVVUS
Norton David Y
Director
Transactions
- Award
Non-Qualified Stock Option (Right to Buy)
2018-10-26+15,000→ 15,000 totalExercise: $3.53→ Common Stock (15,000 underlying)
Holdings
- 6,712
Common Stock
Footnotes (3)
- [F1]On September 10, 2018, VIVUS, Inc. effected a 1-for-10 reverse stock split (the "Reverse Split"). Accordingly, 67,120 shares of common stock on a pre-Reverse Split basis were adjusted to 6,712 shares following the Reverse Split (with fractional shares rounded up to the next whole number).
- [F2]One twelfth (1/12th) of the total number of shares underlying the option vest and become exercisable on the 26th of each month following October 26, 2018, subject to the reporting person continuing to be a Service Provider (as defined in the Issuer's 2018 Equity Incentive Plan) on the relevant vesting dates.
- [F3]The option expires on the earlier of (a) October 26, 2025 and (b) the six (6) month anniversary of the date the reporting person ceases to be a Service Provider.
Documents
Issuer
VIVUS INC
CIK 0000881524
Entity typeother
Related Parties
1- filerCIK 0001529193
Filing Metadata
- Form type
- 4
- Filed
- Oct 28, 8:00 PM ET
- Accepted
- Oct 29, 7:47 PM ET
- Size
- 6.6 KB