Sweeney Michael MD 4
4 · DEPOMED INC · Filed Jan 17, 2012
Insider Transaction Report
Form 4
DEPOMED INCDEPO
Sweeney Michael MD
VP, Product Development
Transactions
- Award
Restricted Stock Unit
2012-01-12+14,640→ 14,640 total→ Common Stock (14,640 underlying) - Award
Stock Option
2012-01-12+23,760→ 23,760 totalExercise: $6.11Exp: 2022-01-12→ Common Stock (23,760 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.
- [F2]These restricted stock units are scheduled to vest 25% on December 1, 2012, 25% on December 1, 2013, 25% on December 1, 2014, and 25% on December 1, 2015, assuming continued employment through the applicable vesting date.
- [F3]These stock options are exercisable in 48 equal monthly installments.