Suh Kenneth 4
4 · VIVUS INC · Filed Jan 25, 2019
Insider Transaction Report
Form 4
VIVUS INCVVUS
Suh Kenneth
President
Transactions
- Award
Employee Stock Option (right to buy)
2019-01-23+85,000→ 85,000 totalExercise: $4.05→ Common Stock (85,000 underlying)
Footnotes (2)
- [F1]12,560 of the total number of shares underlying the option vest on January 23, 2020, and 1,040 of the total number of shares underlying the option vest on the last day of each month thereafter for thirty-six months and 35,000 of the total number of shares underlying the option vest upon the Issuer's acquisition of a new commercial enterprise on or before January 23, 2022, 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) January 23, 2026 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 2018 Equity Incentive Plan).