NEPHROS INC 4
4 · NEPHROS INC · Filed Jun 11, 2013
Insider Transaction Report
Form 4
NEPHROS INCNEPH
Houghton John C.
DirectorPresident and CEO
Transactions
- Award
Common Stock
2013-05-23+66,254→ 66,254 total - Award
Incentive Stock Option (right to buy)
2013-05-23+37,500→ 37,500 totalExercise: $0.71Exp: 2023-05-23→ Common Stock (37,500 underlying)
Footnotes (2)
- [F1]On May 23, 2013, the Company granted Mr. Houghton 66,254 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. Houghton an option to purchase 37,500 shares of common stock of the Company (the "Option") under the Company's 2004 Stock Incentive Plan. The Option vests in annual 25% installments on each of the first, second, third and fourth anniversaries of the grant date.