Wolf Jay 4
4 · HYTHIAM, INC. · Filed Dec 14, 2010
Insider Transaction Report
Form 4
HYTHIAM, INC.HYTM
Wolf Jay
Director
Transactions
- Award
Options
2010-12-09+31,200,000→ 31,200,000 totalExercise: $0.04Exp: 2020-12-09→ Common Stock (31,200,000 underlying)
Footnotes (2)
- [F1]The Options vest monthly on a pro-rata basis over 19 months; however, 5,250,960, or 49%, are vested immediately; while 20,400,000 vest monthly on a pro-rata basis over two years. The Options may only be exercised to the extent that the Company has enough authorized shares pursuant to its Certificate of Incorporation as amended to date.
- [F2]The Options were granted in consideration of Mr. Wolf's service to the Company.