TRANSGENOMIC INC 4
4 · TRANSGENOMIC INC · Filed Nov 5, 2014
Insider Transaction Report
Form 4
TRANSGENOMIC INCTBIO
Richards Leon
Chief Accounting Officer
Transactions
- Award
Stock Option (Right to Buy)
2014-11-04+20,000→ 20,000 totalExercise: $3.15From: 2015-11-04Exp: 2024-11-04→ Common Stock (20,000 underlying) - Award
Stock Appreciation Rights
2014-11-04+15,000→ 15,000 totalExercise: $3.15From: 2015-11-04Exp: 2024-11-04→ Common Stock (15,000 underlying)
Footnotes (2)
- [F1]The option was granted on 11/4/2014 and is exercisable as it vests. The option vests over a three year period, with 1/3 of the shares subject to the option vesting on each one year anniversary of the date of grant, subject to the reporting person's continued employment with the issuer on each such date.
- [F2]The stock appreciation rights were granted on 11/4/2014 and are exercisable as they vest. The stock appreciation rights vest over a three year period, with 34% of the shares subject to the stock appreciation rights vesting on the first anniversary of the date of grant and the balance vesting ratably over the remaining 24 months, subject to the reporting person's continued employment with the issuer on each such date.