Smith Angus W. 4
4 · PERNIX THERAPEUTICS HOLDINGS, INC. · Filed Mar 16, 2018
Insider Transaction Report
Form 4
Smith Angus W.
SVP, Chief Bus Off & PFO
Transactions
- Award
Stock Option (right to buy)
2018-03-15+15,000→ 15,000 totalExercise: $2.46Exp: 2028-03-14→ Common Stock (15,000 underlying) - Award
Common Stock
2018-03-15+5,000→ 8,300 total
Footnotes (3)
- [F1]Represents a grant of restricted share units ("RSUs") that vest in four equal annual installments of 1,250 shares 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 four equal installments of 825 shares, with the first installment vesting on August 8, 2018, which is the one-year anniversary of the grant date and (ii) and the unvested amount of 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.