Sedor John A 4
4 · PERNIX THERAPEUTICS HOLDINGS, INC. · Filed Aug 9, 2017
Insider Transaction Report
Form 4
Sedor John A
Director
Transactions
- Award
Stock Option (right to buy)
2017-08-08+30,000→ 30,000 totalExercise: $2.78Exp: 2027-08-08→ Common Stock (30,000 underlying) - Award
Common Stock
2017-08-08+10,000→ 127,807 total
Footnotes (3)
- [F1]Represents a grant of restricted share units that vest in four equal annual installments of 2,500 shares over a four-year period, with the first installment vesting on August 8, 2018, which is the one-year anniversary of the grant date.
- [F2]Consists of (x) 30,407 shares of common stock, (y) the unvested amount of previously-awarded restricted share units that vest in two equal installments of 43,700 shares, with the next installment vesting on July 26, 2018 and the final installment vesting on July 26, 2019 and (z) the unvested amount of the restricted share units that vest as described in footnote 1 above.
- [F3]The stock option vests in four equal annual installments of 7,500 shares over a four-year period, with the first installment vesting at the close of business on August 8, 2018, which is the one-year anniversary of the grant date.