Home/Filings/4/0001144204-13-068957
4//SEC Filing

Ceres, Inc. 4

Accession 0001144204-13-068957

CIK 0000767884operating

Filed

Dec 23, 7:00 PM ET

Accepted

Dec 24, 3:38 PM ET

Size

12.7 KB

Accession

0001144204-13-068957

Insider Transaction Report

Form 4
Period: 2013-12-20
Transactions
  • Disposition to Issuer

    Stock Option (Right To Buy)

    2013-03-215,8330 total
    Exercise: $3.32Exp: 2023-03-20Common Stock (5,833 underlying)
  • Award

    Stock Option (Right To Buy)

    2013-03-21+5,8335,833 total
    Exercise: $3.32Exp: 2016-03-07Common Stock (5,833 underlying)
  • Disposition to Issuer

    Stock Option (Right To Buy)

    2012-05-035,8330 total
    Exercise: $12.10Exp: 2022-05-02Common Stock (5,833 underlying)
  • Award

    Stock Option (Right To Buy)

    2012-05-03+5,8335,833 total
    Exercise: $12.10Exp: 2016-03-07Common Stock (5,833 underlying)
Footnotes (3)
  • [F1]The four reported transactions involved an amendment of the outstanding options, resulting in the deemed cancellation of the "old" options and the grant of a replacement options. On December 20, 2013, Mr. Olivier announced that he will not stand for reelection to the Board of Directors. The "old" option provided that the options could be exercised for a period of three months following termination of service. The Issuer has agreed to extend the exercise period of the options through March 7, 2016 in exchange for Mr. Olivier's agreement to provide advice to the Board of Directors and management as may be requested on an ad hoc basis following his termination of service.
  • [F2]One hundred percent of the shares subject to the option are fully vested.
  • [F3]One hundred percent of the shares subject to the option vest and become exercisable on January 31, 2014.

Issuer

Ceres, Inc.

CIK 0000767884

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000767884

Filing Metadata

Form type
4
Filed
Dec 23, 7:00 PM ET
Accepted
Dec 24, 3:38 PM ET
Size
12.7 KB