Dresser James van B. 4
4 · MERRIMACK PHARMACEUTICALS INC · Filed Aug 27, 2012
Insider Transaction Report
Form 4
Dresser James van B.
Director
Transactions
- Award
Stock Option (right to buy)
2012-08-23+21,300→ 21,300 totalExercise: $7.53Exp: 2022-08-22→ Common Stock (21,300 underlying)
Footnotes (1)
- [F1]This option vests as to 1/4th of the total number of shares on 11/23/12 and an additional 1/4th of the total number of shares at the end of each successive three month period thereafter until 8/23/13, provided that such option shall vest in full on the date that is one business day prior to the date of the issuer's next annual meeting of stockholders (if earlier than 8/23/13) or in the event of a change in control (as determined by the issuer's board of directors).