AmpliPhi Biosciences Corp 4
4 · AmpliPhi Biosciences Corp · Filed Aug 6, 2015
Insider Transaction Report
Form 4
Salka Michael Scott
DirectorChief Executive Officer
Transactions
- Award
Stock Option (right to buy)
2015-08-05+19,985,810→ 19,985,810 totalExercise: $0.19Exp: 2025-08-05→ Common Stock (19,985,810 underlying)
Footnotes (1)
- [F1]Two-thirds of the shares underlying this option will vest and become exercisable upon AmpliPhi Bioscience Corporation's (the "Company") satisfaction of certain business goals. One-third of the shares underlying this option will vest and become exercisable in accordance with the following schedule: 25% of such shares shall vest on the one year anniversary of the start of Mr. Salka's employment with the Company, and thereafter 1/48th of such shares shall vest on each monthly anniversary of the start of Mr. Salka's employment with the Company.