Klein Dov 4
4 · Fortress Biotech, Inc. · Filed Apr 12, 2019
Insider Transaction Report
Form 4
Klein Dov
Director
Transactions
- Award
Common Stock
2018-01-01+100,000→ 355,000 total - Award
Common Stock
2019-01-01+100,000→ 455,000 total
Holdings
- 1,800(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]One-third of the shares will vest on each of January 1, 2019, 2020, and 2021, subject to continued service. The reporting person elected to defer 80,000 of these shares pursuant to the issuer's Deferred Compensation Plan for Directors. Vested deferred shares will be delivered to the reporting person in January of the year following the reporting person's termination of service, or earlier upon his death or a change in control
- [F2]The total holdings include 53,332 shares underlying deferred restricted stock units that were previously reported in Table II.
- [F3]One-third of the shares will vest on each January 1, 2020, 2021 and 2022, subject to continued service. The reporting person elected to defer 80,000 of these restricted shares pursuant to the issuer's Deferred Compensation Plan for Directors and instead received deferred share units that are subject to the same vesting conditions. Vested deferred shares will be delivered to the reporting person in January of the year following the reporting person's termination of service, or earlier upon his death or change in control of the issuer.