Home/Filings/4/0001140361-10-044627
4//SEC Filing

Clifford William Thaddeus 4

Accession 0001140361-10-044627

CIK 0001089907other

Filed

Nov 8, 7:00 PM ET

Accepted

Nov 9, 8:49 PM ET

Size

12.1 KB

Accession

0001140361-10-044627

Insider Transaction Report

Form 4
Period: 2010-11-08
Transactions
  • Award

    Common Stock

    2010-11-08+100,000100,000 total
Footnotes (1)
  • [F1]Comprised of restricted stock granted in exchange for Mr. Clifford's services as a director of SWK Holdings Corporation. The grant was made pursuant to the Company's 2010 Equity Incentive Plan and Form of Restricted Stock Agreement included as Exhibits 10.1 and 10.2, respectively, to the Company's Quarterly Report on Form 10-Q filed on November 9, 2010. 50% of the shares awarded will vest if the average closing price per share of the Company's common stock during any 60 calendar day period (the "Average Price") is $1.80 or more. Additionally, 25% and 25% of the shares awarded will vest if the Average Price exceeds $2.25 and $2.70, respectively. The restricted shares will be canceled if they do not vest prior to the fifth anniversary of grant.

Issuer

SWK Holdings Corp

CIK 0001089907

Entity typeother

Related Parties

1
  • filerCIK 0001346750

Filing Metadata

Form type
4
Filed
Nov 8, 7:00 PM ET
Accepted
Nov 9, 8:49 PM ET
Size
12.1 KB