Arch Therapeutics, Inc. 4
4 · Arch Therapeutics, Inc. · Filed Mar 25, 2014
Insider Transaction Report
Form 4
Norchi Terrence W
DirectorPres, CEO, Sec, and Treas10% Owner
Transactions
- Award
Employee Stock Option (right to buy)
2014-03-23+500,000→ 500,000 totalExercise: $0.35Exp: 2024-03-22→ Common Stock (500,000 underlying)
Footnotes (1)
- [F1]The vesting period of the shares underlying the option commenced on the date of grant, with 25% of the shares vested immediately on the date of grant, 25% of the shares to vest 12 months following the date of grant, and the remaining 50% of the shares to vest thereafter in 24 equal installments on each monthly anniversary of the date of grant.