Sedor John A 4
4 · PERNIX THERAPEUTICS HOLDINGS, INC. · Filed Mar 16, 2018
Insider Transaction Report
Form 4
Sedor John A
Director
Transactions
- Award
Common Stock
2018-03-15+18,000→ 145,807 total - Award
Stock Option (right to buy)
2018-03-15+64,000→ 64,000 totalExercise: $2.46Exp: 2028-03-14→ Common Stock (64,000 underlying)
Footnotes (3)
- [F1]Represents a grant of restricted share units ("RSUs") that vest in four equal annual installments of 4,500 over a four-year period, with the first installment vesting on March 15, 2019, which is the one-year anniversary of the grant date.
- [F2]Consists of (i) 30,407 shares of common stock, (ii) the unvested amount of previously-awarded RSUs that vests 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, (iii) the unvested amount of previously awarded RSUs that vest in four equal annual installments of 2,500, with the first installment vesting on August 8, 2018 and (iv) the unvested amount of the RSUs that vest as described in footnote 1 above.
- [F3]The stock option vests in four equal annual installments of 16,000 shares over a four-year period, with the first installment vesting at the close of business on March 15, 2019, which is the one-year anniversary of the grant date.