Stellar Biotechnologies, Inc. 4
4 · Stellar Biotechnologies, Inc. · Filed Jun 15, 2015
Insider Transaction Report
Form 4
HILL DAVID LOUIS
Director
Transactions
- Award
Stock Option (Right to Buy)
2015-06-10+25,000→ 25,000 totalExercise: $0.72Exp: 2022-06-10→ Common Shares (25,000 underlying)
Footnotes (2)
- [F1]The options are exercisable at a price of C$0.89. The U.S. dollar price reported on this Form 4 in column 2 reflects the U.S. dollar equivalent exercise price on the date of grant, calculated at the closing price for cable transfers in Canadian dollars as reported by Bloomberg on such date of U.S. $1.00=CDN$1.23
- [F2]One-third of the option vested immediately, one-third of the option vests on the first anniversary of June 10, 2015, and one-third vests 18 months after June 10, 2015.