Houghton John C. 4
4 · NEPHROS INC · Filed Apr 25, 2012
Insider Transaction Report
Form 4
NEPHROS INCNEPH.OB
Houghton John C.
DirectorPresident and CEO
Transactions
- Award
Incentive Stock Option (right to buy)
2012-04-20+675,000→ 675,000 totalExercise: $0.95Exp: 2022-04-20→ Common Stock (675,000 underlying)
Footnotes (1)
- [F1]On April 20, 2012, the Company granted Mr. Houghton an option to purchase 675,000 shares of common stock of the Company (the "Option"), under the Company's 2004 Stock Incentive Plan, in connection with his appointment as the President and Chief Executive Officer of the Company. The Option vests in equal monthly installments over four years commencing on the date of initial grant; provided that Mr. Houghton remains employed by the Company at such time.