Oehrlein M. Scott 4
4 · VIVUS INC · Filed Jan 25, 2019
Insider Transaction Report
Form 4
VIVUS INCVVUS
Oehrlein M. Scott
Chief Operations Officer
Transactions
- Award
Employee Stock Option (right to buy)
2019-01-23+31,000→ 31,000 totalExercise: $4.05→ Common Stock (31,000 underlying)
Footnotes (2)
- [F1]One-fourth (1/4th) of the total number of shares underlying the option vest on January 23, 2020, 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 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).