Shaw Allan 4
4 · VIVUS INC · Filed Oct 29, 2018
Insider Transaction Report
Form 4
VIVUS INCVVUS
Shaw Allan
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)
Footnotes (2)
- [F1]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.
- [F2]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.