DEPOMED INC 4
4 · DEPOMED INC · Filed Feb 6, 2015
Insider Transaction Report
Form 4
DEPOMED INCDEPO
Shively Richard Scott
Chief Commercial Officer
Transactions
- Award
Stock Option
2015-02-04+32,500→ 32,500 totalExercise: $17.61Exp: 2025-02-04→ Common Stock (32,500 underlying) - Award
Restricted Stock Units
2015-02-04+17,500→ 17,500 total→ Common Stock (17,500 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, 2015, 25% on December 1, 2016, 25% on December 1, 2017 and 25% on December 1, 2018, assuming continued employment through the applicable vesting date
- [F3]1/8th of these stock options are exercisable on September 2nd, 2015 and the balance are exercisable in 42 equal monthly installments.