Hayward James A 4
4 · APPLIED DNA SCIENCES INC · Filed Oct 17, 2018
Insider Transaction Report
Form 4
Hayward James A
DirectorChairman, CEO and President10% Owner
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2018-10-17−833,334→ 0 totalExercise: $5.82Exp: 2018-10-17→ Common Stock (833,334 underlying) - Award
Stock Option (right to buy)
2018-10-17+833,334→ 833,334 totalExercise: $5.82From: 2018-10-17Exp: 2023-10-17→ Common Stock (833,334 underlying)
Footnotes (1)
- [F1]The two reported transactions involve an amendment of an outstanding option to extend the expiration date of such option from October 17, 2018 to October 17, 2023, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on October 17, 2013 and provided for vesting (i) with respect to 25% of the underlying shares on the anniversary of the original date of grant and (ii) with respect to the remaining underlying shares, ratably each anniversary thereafter until fully vested on the fourth anniversary of the original date of grant.