Emergent BioSolutions Inc. 4
4 · Emergent BioSolutions Inc. · Filed Mar 10, 2017
Insider Transaction Report
Form 4
Hauer Jerome M
Director
Transactions
- Other
Common Stock
2016-08-01+453→ 17,404 total - Other
Common Stock
2016-08-01+604→ 18,008 total - Sale
Common Stock
2017-03-08$31.27/sh−2,576$80,558→ 16,009 total - Other
Common Stock
2016-08-01+577→ 18,585 total - Other
Employee Stock Option (Right to buy)
2016-08-01+905→ 10,305 totalExercise: $25.47Exp: 2022-01-21→ Common Stock (10,305 underlying)
Footnotes (6)
- [F1]In connection with the spin-off of Aptevo Therapeutics Inc. from Emergent BioSolutions Inc, on August 1, 2016 the reporting person received a grant of restricted stock units as a result of an adjustment to an existing Emergent restricted stock unit grant held by the reporting person prior to the spin-off. The restricted stock units vest in January 2018.
- [F2]In connection with the spin-off of Aptevo Therapeutics Inc. from Emergent BioSolutions Inc, on August 1, 2016 the reporting person received a grant of restricted stock units as a result of an adjustment to an existing Emergent restricted stock unit grant held by the reporting person prior to the spin-off. The restricted stock units vest in May 2017 and May 2018.
- [F3]In connection with the spin-off of Aptevo Therapeutics Inc. from Emergent BioSolutions Inc, on August 1, 2016 the reporting person received a grant of restricted stock units as a result of an adjustment to an existing Emergent restricted stock unit grant held by the reporting person prior to the spin-off. The restricted stock units vest in May 2017, May 2018 and May 2019.
- [F4]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.25 to $31.32, inclusive.
- [F5]Consists of an option granted on January 22, 2015 under the company's stock incentive plan as amended and restated. In connection with the spin-off on August 1, 2016, the reporting person received a grant of additional stock options as a result of an adjustment to preserve the pre-spin intrinsic value of an existing stock option grant. The adjustments included an adjustment to the stock option price of the grant.
- [F6]The option grant vests in three equal installments on the day prior to the first, second and third anniversary dates of the grant.