Sheth Sunita B. 4
4 · TENGION INC · Filed May 13, 2011
Insider Transaction Report
Form 4
TENGION INCTNGN
Sheth Sunita B.
Chf Md Offr, VP Clin & Reg Aff
Transactions
- Award
Stock Option (Right to Buy)
2011-05-11+40,000→ 40,000 totalExercise: $2.42Exp: 2021-05-11→ Common Stock (40,000 underlying) - Award
Common Stock
2011-05-11+26,667→ 26,667 total
Footnotes (3)
- [F1]Twenty-five percent (25%) of the shares vest on each of February 1, 2012, 2013, 3014 and 2015, so long as the Reporting Person remains an employee of the Issuer or a subsidiary on such date.
- [F2]Granted pursuant to Issuer's 2010 Stock Option and Incentive Plan and qualified under Rule 16b-3(d).
- [F3]Twenty-five percent (25%) of the shares shall vest on May 11, 2012 and the balance of the shares shall vest in a series of twelve (12) successive equal quarterly installments over the thirty-six (36) month period measured from May 11, 2012, so long as the Reporting Person remains an employee of the Issuer or a subsidiary on such date.