Sweeney Michael MD 4
4 · DEPOMED INC · Filed Feb 11, 2013
Insider Transaction Report
Form 4
DEPOMED INCDEPO
Sweeney Michael MD
VP, Product Development
Transactions
- Award
Restricted Stock Unit
2013-02-07+28,500→ 28,500 total→ Common Stock (28,500 underlying) - Award
Stock Option
2013-02-07+53,500→ 53,500 totalExercise: $6.77Exp: 2023-02-07→ Common Stock (53,500 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, 2013, 25% on December 1, 2014, 25% on December 1, 2015, and 25% on December 1, 2016, assuming continued employment through the applicable vesting date.
- [F3]These stock options are exercisable in 48 equal monthly installments.