Nolan Michael M 4
4 · ALBANY MOLECULAR RESEARCH INC · Filed Feb 4, 2013
Insider Transaction Report
Form 4
Nolan Michael M
VP, CFO and Treasurer
Transactions
- Award
Common Stock
2013-01-31$5.99/sh+13,333$79,865→ 63,333 total - Award
Option to purchase Common Stock
2013-01-31$5.99/sh+40,000$239,600→ 40,000 totalExercise: $5.99Exp: 2023-01-31→ Common Stock (40,000 underlying)
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.