STOUGHTON W. VICKERY 4
4 · Oncothyreon Inc. · Filed May 4, 2012
Insider Transaction Report
Form 4
Oncothyreon Inc.ONTY
STOUGHTON W. VICKERY
Director
Transactions
- Exercise/Conversion
Common Stock
2012-05-03+989→ 29,451 total - Tax Payment
Common Stock
2012-05-03$4.15/sh−247$1,025→ 29,204 total - Exercise/Conversion
Restricted Share Units
2012-05-03−989→ 0 totalFrom: 2012-05-03Exp: 2012-05-03→ Common Stock (989 underlying)
Footnotes (4)
- [F1]Each restricted share unit was the economic equivalent of one share of common stock. On May 3, 2012, 989 of Mr. Stoughton's restricted share units were settled for an equal number of shares of common stock.
- [F2]Reflects 12,624 restricted share units previously owned and 16,827 shares directly beneficially owned by Mr. Stoughton.
- [F3]The shares were disposed of to the Issuer in a transaction approved by the board of directors in accordance with Rule 16b-3(e) promulgated under the Securities Exchange Act of 1934. The 247 shares represent 25% of the shares underlying the RSU grant to Mr. Stoughton that vested on May 3, 2012 and the transaction is designed to facilitate Mr. Stoughton's satisfaction of U.S. federal income tax obligations in connection with the vesting of such RSU grant.
- [F4]Reflects 12,624 restricted share units previously owned and 16,580 shares directly beneficially owned by Mr. Stoughton.