BioRestorative Therapies, Inc. 4
4 · BioRestorative Therapies, Inc. · Filed Dec 23, 2015
Insider Transaction Report
Form 4
Field Edward L.
President brtxDISC Division
Transactions
- Award
Option
2015-12-22+25,000→ 25,000 totalExercise: $7.00Exp: 2025-09-04→ Common Stock (25,000 underlying)
Holdings
- 25,000
Option
Exercise: $9.20Exp: 2025-02-09→ Common Stock (25,000 underlying)
Footnotes (3)
- [F1]The option vests to the extent of 8,334 shares on February 9, 2016 and 8,333 shares on each of February 9, 2017 and February 9, 2018.
- [F2]On December 22, 2015 the stockholders of the Issuer approved amendments to the Issuer's 2010 Equity Participation Plan (the "Plan") to increase the number of shares authorized to be issued pursuant to the Plan to 2,250,000. The Reporting Person had been granted the option on September 4, 2015, subject to stockholder approval of such amendments.
- [F3]The option is exercisable to the extent of 8,334 shares on September 4, 2016 and 8,333 shares on each of September 4, 2017 and September 4, 2018.