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4//SEC Filing

Wright Curtis IV 4

Accession 0001144204-12-020621

CIK 0000776008other

Filed

Apr 5, 8:00 PM ET

Accepted

Apr 6, 7:09 PM ET

Size

8.6 KB

Accession

0001144204-12-020621

Insider Transaction Report

Form 4
Period: 2012-04-05
Wright Curtis IV
See Remarks
Transactions
  • Award

    Employee Stock Option (right to buy)

    2011-08-30+300,000300,000 total
    Exercise: $2.95Exp: 2021-03-14Common Stock (300,000 underlying)
  • Award

    Employee Stock Option (right to buy)

    2012-04-05+50,00050,000 total
    Exercise: $3.02From: 2012-04-05Exp: 2022-04-05Common Stock (50,000 underlying)
Footnotes (4)
  • [F1]Stock options issued under the Issuer's 2008 Incentive Award Plan and were granted to Reporting Person on March 14, 2011. Options were granted subject to the satisfaction of certain performance criteria which were met on August 30, 2011 at which time the right to purchase 100,000 shares vested. The right to purchase 100,000 shares vested on March 14, 2012, the first anniversary of Dr. Wright's employment agreement. The remaining 100,000 options will vest on March 14, 2013, the second anniversary of Dr. Wright's employment agreement.
  • [F2]The options are exercisable immediately upon vesting.
  • [F3]Stock options issued under the Issuer's 2008 Incentive Award Plan and were granted to Reporting Person on April 5, 2012. The option shares are fully vested.
  • [F4]The Reporting Person has the right to acquire an additional 400,000 shares of common stock upon exercise of currently outstanding stock options with exercise prices and expiration dates that differ from the 350,000 options reported above.

Issuer

STAR SCIENTIFIC INC

CIK 0000776008

Entity typeother

Related Parties

1
  • filerCIK 0001429992

Filing Metadata

Form type
4
Filed
Apr 5, 8:00 PM ET
Accepted
Apr 6, 7:09 PM ET
Size
8.6 KB