SCHNITTKER CHRISTOPHER P. 4
4 · SOLIGENIX, INC. · Filed Sep 27, 2010
Insider Transaction Report
Form 4
SOLIGENIX, INC.SNGX
SCHNITTKER CHRISTOPHER P
VP ADMIN CONTROLLER
Transactions
- Award
Stock Option (Right to Buy)
2010-09-23+700,000→ 700,000 totalExercise: $0.23From: 2010-09-23Exp: 2020-06-30→ Common Stock (700,000 underlying)
Footnotes (1)
- [F1]The option grant was approved by the compensation committee of the board of directors of Soligenix, Inc. (the "Company") on July 1, 2010, subject to stockholder approval of an amendment to the Company's 2005 Equity Incentive Plan (the "Plan") to increase the maximum number of shares of common stock available for issuance under the Plan. The Company's stockholders approved the amendment to the Plan on September 23, 2010. The stock option vested as to 175,000 shares on July 1, 2010 with the remainder vesting quarterly in equal amounts on each three (3) month anniversary of July 1, 2010 for the next three years.