Arch Therapeutics, Inc. 4
4 · Arch Therapeutics, Inc. · Filed Jan 23, 2015
Insider Transaction Report
Form 4
Norchi Terrence W
DirectorPres, CEO, Sec, and Treas10% Owner
Transactions
- Award
Employee Stock Option (right to buy)
2015-01-22+400,000→ 400,000 totalExercise: $0.19Exp: 2025-01-21→ Common Stock (400,000 underlying)
Footnotes (1)
- [F1]Of the Shares subject to the Option, 25% shall vest immediately, 25% shall vest twelve (12) months after the Vesting Commencement Date, and 1/24 of the remaining unvested Shares subject to the Option shall vest on each of the next twenty four (24) monthly anniversaries of the Vesting Commencement Date thereafter.