Tousley David L. 4
4 · PediatRx Inc. · Filed Mar 4, 2011
Insider Transaction Report
Form 4
PediatRx Inc.PEDX
Tousley David L.
DirectorTreasurer, Secretary, CFO
Transactions
- Award
stock options
2011-03-04+690,000→ 690,000 totalExercise: $1.14From: 2011-06-04Exp: 2016-03-04→ common stock (690,000 underlying)
Holdings
- 400,000
common stock
Footnotes (3)
- [F1]266,666 shares of common stock are subject to the terms of a lockup agreement dated February 9, 2011, to be released December 31, 2015.
- [F2]400,000 of the shares were to be held in escrow pursuant to a management stock agreement dated July 1, 2010. This agreement was cancelled pursuant to a cancellation agreement dated effective July 1, 2010.
- [F3]Options will vest on a quarterly basis over three years in the amount of 57,500 shares per quarter for eleven quarters beginning with the first vesting of 57,500 shares on June 4, 2011 and the final 57,500 shares vesting on March 4, 2014.