NEPHROS INC 4
4 · NEPHROS INC · Filed Jun 11, 2013
Insider Transaction Report
Form 4
NEPHROS INCNEPH
CENTELLA LAWRENCE J
Director
Transactions
- Award
Common Stock
2013-05-23+23,346→ 41,480 total - Award
Non-Qualified Stock Option (right to buy)
2013-05-23+10,000→ 10,000 totalExercise: $0.71Exp: 2023-05-23→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]On May 23, 2013, the Company granted Mr. Centella 23,346 shares of restricted stock of the Company (the "Restricted Stock") under the Company's 2004 Stock Incentive Plan. The Restricted Stock vests 6 months following the grant date.
- [F2]On May 23, 2013, the Company granted Mr. Centella an option to purchase 10,000 shares of common stock of the Company (the "Option") under the Company's 2004 Stock Incentive Plan. The Option vested immediately upon the grant date with respect to one-third of the shares. The remainder of the Option vests in equal annual installments on each of the first and second anniversaries of the grant date.