Pina Kenneth 4
4 · PERNIX THERAPEUTICS HOLDINGS, INC. · Filed Aug 9, 2017
Insider Transaction Report
Form 4
Pina Kenneth
SVP, Gen Counsel & Comp Off
Transactions
- Award
Common Stock
2017-08-08+6,000→ 11,000 total - Award
Stock Option (right to buy)
2017-08-08+18,000→ 18,000 totalExercise: $2.78Exp: 2027-08-08→ Common Stock (18,000 underlying)
Footnotes (3)
- [F1]Represents a grant of restricted share units that vest in four equal annual installments of 1,500 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) the unvested amount of previously-awarded restricted share units that vest in four equal annual installments of 1,250 shares, with the first installment vesting on January 4, 2018, which is the one year anniversary of the grant date, and (y) 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 4,500 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.