HEBARD GEORGE 4
4 · ENZON PHARMACEUTICALS INC · Filed Nov 8, 2012
Insider Transaction Report
Form 4
HEBARD GEORGE
Director
Transactions
- Award
Common Stock
2012-11-07+24,500→ 43,237 total - Award
Stock Option (Right to Buy)
2012-11-07+73,500→ 73,500 totalExercise: $6.18Exp: 2022-11-07→ Common Stock (73,500 underlying)
Footnotes (4)
- [F1]Restricted Stock Units granted by the Issuer pursuant to the Issuer's 2011 Stock Option and Incentive Plan and qualified under Rule 16b-3(d). Each unit represents a contingent right to receive one share of the Issuer's Common Stock.
- [F2]The Restricted Stock Units will vest in three (3) tranches. Of the 24,500 Restricted Stock Units granted, 8,166 will vest on November 7, 2013, 8,167 will vest on November 7, 2014 and 8,167 will vest on November 7, 2015, in each case if the Reporting Person remains employed by the Issuer on such date. The Restricted Stock Units do not have an expiration date.
- [F3]Stock options granted by Issuer pursuant to the Issuer's 2011 Stock Option and Incentive Plan and qualified under Rule 16b-3(d).
- [F4]The stock options will vest in four (4) tranches. Of the 73,500 stock options granted, 18,375 stock options will vest on November 7, 2013, 18,375 stock options will vest on November 7, 2014, 18,375 stock options will vest on November 7, 2015 and 18,375 stock options will vest on November 7, 2016, in each case if the Reporting Person remains employed by the Issuer on such date.