Achaogen Inc 4
4 · Achaogen Inc · Filed Feb 24, 2017
Insider Transaction Report
Form 4
Achaogen IncAKAO
Sarpangal Zeryn
VP, HR and Corporate Affairs
Transactions
- Award
Common Stock
2017-02-22+7,500→ 24,022 total - Award
Stock Option (Right to Buy)
2017-02-22+36,000→ 36,000 totalExercise: $23.62Exp: 2026-02-22→ Common Stock (36,000 underlying) - Award
Stock Option (Right to Buy)
2017-02-22+9,000→ 9,000 totalExercise: $23.62Exp: 2026-02-22→ Common Stock (9,000 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 19,724 RSUs.
- [F3]The shares subject to the option vest in 48 successive, equal monthly installments on each monthly anniversary of February 22, 2017, 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 on the 30th consecutive date that the closing trading price of the Issuer's common stock first reaches or exceeds $30.00 per share; (ii) 40% of the shares subject to the option will vest on the 30th consecutive date that the closing trading price of the Issuer's common stock first reaches or exceeds $40.00 per share; and (iii) 20% of the shares subject to the option will vest on the 30th consecutive date that the closing trading price of the Issuer's common stock first reaches or exceeds $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.