Tonix Pharmaceuticals Holding Corp. 4
4 · Tonix Pharmaceuticals Holding Corp. · Filed Feb 10, 2016
Insider Transaction Report
Form 4
DAUGHERTY BRUCE
SEE REMARKS
Transactions
- Award
Stock Option
2016-02-09+30,000→ 30,000 totalExercise: $5.03Exp: 2026-02-09→ Common Stock (30,000 underlying) - Award
Stock Option
2016-02-09+30,000→ 30,000 totalExercise: $5.03Exp: 2026-02-09→ Common Stock (30,000 underlying)
Footnotes (3)
- [F1]The option vests 1/3rd on the first anniversary of issuance and 1/36th each month thereafter for 24 months.
- [F2]The option was granted pursuant to the Issuer's 2014 Stock Incentive Plan.
- [F3]The option vests 1/3rd upon the date(s) that certain stock price goals are achieved. The stock price goals are such date(s) when the Issuer's common stock has an average closing sales price equal to or exceeding each of $6.00, $7.00 and $8.00 per share for 20 consecutive trading days, subject to a one year minimum service period prior to vesting.