FLAMEL TECHNOLOGIES SA 4/A
4/A · FLAMEL TECHNOLOGIES SA · Filed Dec 16, 2016
Insider Transaction Report
Form 4/AAmended
KANAN MICHAEL F
See Remarks
Transactions
- Award
ADSs
2016-12-14+18,000→ 18,000 total - Award
Stock Option (right to buy)
2016-12-14+100,000→ 100,000 totalExercise: $10.40Exp: 2026-12-14→ ADSs (100,000 underlying)
Holdings
- 100,000
Stock Option (right to buy)
Exercise: $16.21Exp: 2025-10-28→ ADSs (100,000 underlying)
Footnotes (4)
- [F1]The issuer's "ADSs" are American Depositary Shares, with each ADS representing one ordinary share, nominal value 0.122 Euros per share, of the issuer; ADSs are represented by American Depositary Receipts. The securities acquired as reported in this statement represent the grant of ADSs under the issuer's "Free Share" award program; no purchase price was applicable to such grant. See footnote (2) for details as to the dates such ADSs will be issued to the reporting person.
- [F2]Represents 18,000 restricted ADSs granted under the issuer's "Free Share" award program on 12/14/2016, all of which will be issued to the reporting person on the second anniversary of the grant date.
- [F3]Options become exercisable as to 25,000 ADSs on each of the first four anniversaries after the 10/28/2015 grant date.
- [F4]Options become exercisable as to 25,000 ADSs on each of the first four anniversaries after the 12/14/2016 grant date.