Alliqua BioMedical, Inc. 4
4 · Alliqua BioMedical, Inc. · Filed Jun 17, 2015
Insider Transaction Report
Form 4
Pionati Pellegrino
See Remarks
Transactions
- Tax Payment
Common Stock
2015-06-15$5.25/sh−13,488$70,812→ 106,512 total - Award
Common Stock
2015-06-15+120,000→ 120,000 total - Award
Stock Option (right to buy)
2015-06-15+100,000→ 100,000 totalExercise: $5.25Exp: 2025-06-15→ Common Stock (100,000 underlying)
Footnotes (3)
- [F1]Represents a restricted stock award that is subject to forfeiture until vested. This award vests in four equal annual installments with one-quarter (1/4) vested on June 15, 2015 and one-quarter (1/4) vesting on each of June 15, 2016, 2017 and 2018, provided that Mr. Pionati is employed by or providing services to the Company through the applicable vesting date, subject to the terms and conditions of the Alliqua BioMedical, Inc. 2014 Long-Term Incentive Plan (the "2014 Plan").
- [F2]Represents shares of restricted stock withheld to pay Mr. Pionati's tax withholding obligations incurred in connection with the vesting of 30,000 shares of restricted stock on June 15, 2015.
- [F3]The option vests in three equal annual installments, with one-third (1/3rd) vesting on each of June 15, 2016, 2017 and 2018, provided that Mr. Pionati is employed by or providing services to the Company through the applicable vesting date, subject to the terms and conditions of the 2014 Plan.