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4//SEC Filing

Achaogen Inc 4

Accession 0001140361-16-055792

CIK 0001301501operating

Filed

Feb 29, 7:00 PM ET

Accepted

Mar 1, 5:16 PM ET

Size

10.1 KB

Accession

0001140361-16-055792

Insider Transaction Report

Form 4
Period: 2016-02-26
Sarpangal Zeryn
VP, HR and Corporate Affairs
Transactions
  • Award

    Stock Option (Right to Buy)

    2016-02-26+18,00018,000 total
    Exercise: $3.65Exp: 2026-02-26Common Stock (18,000 underlying)
  • Award

    Common Stock

    2016-02-26+8,55018,811 total
  • Award

    Stock Option (Right to Buy)

    2016-02-26+20,00020,000 total
    Exercise: $3.65Exp: 2026-02-26Common Stock (20,000 underlying)
Footnotes (4)
  • [F1]Grant of Restricted Stock Units ("RSUs"). The reporting person is entitled to one (1) share of Common Stock for each one (1) RSU upon the vesting thereof.
  • [F2]Includes 17,775 RSUs.
  • [F3]The shares subject to the option vest in 48 successive, equal monthly installments on each monthly anniversary of February 26, 2016, subject to the reporting person's continued employment or service relationship with the Issuer on each such vesting date.
  • [F4]The shares subject to the option shall vest on the following schedule: (i) 40% of the shares subject to the option will vest when the 30-day average closing price of the Issuer's Common Stock is at least $12.00 per share; (ii) 40% of the shares subject to the option will vest when the 30-day average closing price of the Issuers's Common Stock is at least $25.00 per share; and (iii) 20% of the shares subject to the option will vest when the 30-day average closing price of the Issuer's Common Stock is at least $55.00 per share, subject to the reporting person's continued employment or service relationship with the Issuer on each such vesting date and as appropriately adjusted for stock splits, stock dividends, recapitalizations and the like.

Documents

1 file

Issuer

Achaogen Inc

CIK 0001301501

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001301501

Filing Metadata

Form type
4
Filed
Feb 29, 7:00 PM ET
Accepted
Mar 1, 5:16 PM ET
Size
10.1 KB