Houghton John C. 4
4 · NEPHROS INC · Filed Jul 6, 2012
Insider Transaction Report
Form 4
NEPHROS INCNEPH.OB
Houghton John C.
DirectorPresident and CEO
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2012-07-03+331,550→ 331,550 totalExercise: $1.89Exp: 2022-07-03→ Common Stock (331,550 underlying)
Footnotes (1)
- [F1]On July 3, 2012, the Company granted Mr. Houghton an option to purchase 331,550 shares of common stock of the Company (the "Option"), under the Non-qualified Stock Option Agreement, dated July 3, 2012, between Mr. Houghton and the Company, in connection with his appointment as the President and Chief Executive Officer. The Option vests in equal monthly installments over four years commencing on April 20, 2012, the date Mr. Houghton was appointed; provided that Mr. Houghton remains employed by the Company at such time.