SCHNITTKER CHRISTOPHER P 4
4 · DOR BIOPHARMA INC · Filed Jul 9, 2009
Insider Transaction Report
Form 4
SCHNITTKER CHRISTOPHER P
VP ADMIN CONTROLLER
Transactions
- Award
Stock Option (Right to Buy)
2009-07-01+750,000→ 750,000 totalExercise: $0.17From: 2009-07-01Exp: 2019-06-30→ Common Stock (750,000 underlying)
Footnotes (1)
- [F1]Granted stock options to purchase 750,000 shares of the Company's common stock, of which 187,000 shares vest immediately and the remainder of the options will vest on each three (3) month anniversary of the grant date at a rate of 46,875 options per quarter. The exercise price of the options equals $0.175 per share, the market price of the Company's common stock as of the close of business on July 1, 2009.