Pina Kenneth 4
4 · PERNIX THERAPEUTICS HOLDINGS, INC. · Filed Mar 16, 2018
Insider Transaction Report
Form 4
Pina Kenneth
SVP, Gen Counsel & Comp Off
Transactions
- Award
Common Stock
2018-03-15+5,000→ 16,000 total - Award
Stock Option (right to buy)
2018-03-15+15,000→ 15,000 totalExercise: $2.46Exp: 2028-03-14→ Common Stock (15,000 underlying)
Footnotes (3)
- [F1]Represents a grant of restricted share units ("RSUs") that vest in four equal annual installments of 1,250 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) the unvested amount of previously awarded RSUs that vest in three equal installments of 1,250 shares, with the next installment vesting on January 4, 2019, (ii) the unvested amount of previously awarded RSUs that vest in four equal installments of 1,500 shares, with the next installment vesting on August 8, 2018 and (iii) 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 3,750 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.