Aldridge Michael D. 4
4 · CODEXIS INC · Filed Feb 7, 2018
Insider Transaction Report
Form 4
CODEXIS INCCDXS
Aldridge Michael D.
See Remarks
Transactions
- Award
Stock Option (Right to Buy)
2018-02-05+167,750→ 167,750 totalExercise: $4.60Exp: 2027-02-02→ Common Stock (167,750 underlying)
Footnotes (1)
- [F1]On February 3, 2017, the issuer granted the reporting person an option that commences vesting in respect of a number of shares of the issuer's common stock determined based on the satisfaction of certain performance criteria for the fiscal year ended December 31, 2017 with any remaining shares forfeited. On February 5, 2018, the compensation committee of the issuer's board of directors certified achievement of the performance criteria at 134.2% of the target level, which will result in the vesting of the option with respect to 83,875 shares on March 5, 2018 and 83,875 shares on March 5, 2019, in each case subject to the reporting person's continued service to the issuer through such vesting date.