Sargent Bruce J 4
4 · ALBANY MOLECULAR RESEARCH INC · Filed Feb 4, 2013
Insider Transaction Report
Form 4
Sargent Bruce J
Sr VP, Drug Discovery
Transactions
- Award
Option to purchase Common Stock
2013-01-31$5.99/sh+30,000$179,700→ 30,000 totalExercise: $5.99Exp: 2023-01-31→ Common Stock (30,000 underlying) - Award
Common Stock
2013-01-31$5.99/sh+10,000$59,900→ 64,742 total
Footnotes (1)
- [F1]50% of grant is time based and 50% is performance based. Time based grant vests 25% per year on each of the first 4 anniversaries of the grant date. Performance based grant vests 25% per year on each of the first 4 anniversaries of the grant date if certain performance criteria related to the Company's financial performance are reached; if these criteria are not met on any given anniversary date, 25% of the performance based grant will be forfeited. All grants are subject to the grantee being employed at the time of vesting.