Kogan Yakov 4
4 · CLEVELAND BIOLABS INC · Filed May 15, 2013
Insider Transaction Report
Form 4
Kogan Yakov
DirectorCOO, Secretary
Transactions
- Award
Employee Stock Option (right to buy)
2013-05-13+104,588→ 104,588 totalExercise: $1.54Exp: 2023-05-13→ Common Stock (104,588 underlying) - Award
Employee Stock Option (right to buy)
2013-05-13+25,000→ 25,000 total(indirect: By Spouse)Exercise: $1.54Exp: 2023-05-13→ Common Stock (25,000 underlying)
Footnotes (3)
- [F1]The option becomes exercisable on the date on which the Company's Common Stock had an average closing price of $5.00 or greater over a period of five continuous trading days.
- [F2]The option becomes exercisable in two equal installments on May 13, 2013 and May 13, 2014. 12,500 shares underlying the option are currently exercisable.
- [F3]Leah Brownlee, who was hired as an employee of the Company effective March 1, 2010, is the spouse of the reporting person. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securition for purposes of Section 16 under the Securities Exchange Act of 1934, as amended, or for any other purpose.