4//SEC Filing
Cyberkinetics Neurotechnology Systems, Inc. 4
Accession 0001144204-08-036181
CIK 0001180253operating
Filed
Jun 19, 8:00 PM ET
Accepted
Jun 20, 4:50 PM ET
Size
11.7 KB
Accession
0001144204-08-036181
Insider Transaction Report
Form 4
SURGENOR TIMOTHY R
DirectorPresident and CEO
Transactions
- Award
Common Stock
2008-06-18$0.10/sh+2,382,500$238,250→ 2,382,500 total - Other
Stock Option
2008-06-18−250,000→ 0 totalExercise: $1.40→ Common Stock (250,000 underlying) - Other
Stock Option
2008-06-18−100,000→ 0 totalExercise: $2.10→ Common Stock (100,000 underlying) - Other
Stock Option
2008-06-18−150,000→ 0 totalExercise: $1.18→ Common Stock (150,000 underlying)
Footnotes (2)
- [F1]The common stock was issued pursuant to a restricted stock agreement and vests upon the achievement of certain performance milestones or upon the sale of the Company. Additionally, if Mr. Surgenor is terminated by the Company without cause, 900,000 shares of common stock will vest immediately.
- [F2]The options were cancelled in connection with the common stock issued under the restricted stock agreement described in note (1) above.
Documents
Issuer
Cyberkinetics Neurotechnology Systems, Inc.
CIK 0001180253
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001180253
Filing Metadata
- Form type
- 4
- Filed
- Jun 19, 8:00 PM ET
- Accepted
- Jun 20, 4:50 PM ET
- Size
- 11.7 KB