BioRestorative Therapies, Inc. 4
4 · BioRestorative Therapies, Inc. · Filed Feb 15, 2017
Insider Transaction Report
Form 4
Field Edward L.
President brtxDISC Division
Transactions
- Award
Option
2017-02-14+25,000→ 25,000 totalExercise: $4.70Exp: 2025-02-09→ Common Stock (25,000 underlying) - Award
Option
2017-02-14+25,000→ 25,000 totalExercise: $4.70Exp: 2025-09-04→ Common Stock (25,000 underlying) - Disposition to Issuer
Option
2017-02-14−25,000→ 0 totalExercise: $9.20Exp: 2025-02-09→ Common Stock (25,000 underlying) - Disposition to Issuer
Option
2017-02-14−25,000→ 0 totalExercise: $7.00Exp: 2025-09-04→ Common Stock (25,000 underlying)
Holdings
- 80,000
Option
Exercise: $3.73Exp: 2026-06-10→ Common Stock (80,000 underlying)
Footnotes (4)
- [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]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.
- [F3]The option is exercisable to the extent of 26,667 shares on each of June 10, 2017 and June 10, 2018, and 26,666 shares on June 10, 2019.
- [F4]The reported transactions involved an amendment of an outstanding stock option, resulting in the deemed cancellation of the "old" stock option and the grant of a "replacement" stock option at a reduced exercise price.