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4//SEC Filing

METABOLIX, INC. 4

Accession 0001179110-15-010191

CIK 0001121702operating

Filed

Jun 22, 8:00 PM ET

Accepted

Jun 23, 4:02 PM ET

Size

11.3 KB

Accession

0001179110-15-010191

Insider Transaction Report

Form 4
Period: 2015-06-19
van Walsem Johan
VP Strategy and Comm. Dev.
Transactions
  • Purchase

    Common Stock Warrants (right to buy)

    2015-06-19$0.13/sh+10,800$1,35010,800 total
    Exercise: $3.98From: 2015-06-19Exp: 2019-06-19Common Stock (10,800 underlying)
  • Purchase

    Common Stock

    2015-06-19$3.32/sh+12,000$39,840117,333 total
Holdings
  • Common Stock

    151,667
  • Common Stock

    17,460
  • Common Stock

    (indirect: By 401(k))
    6,436
Footnotes (5)
  • [F1]The reported securities are included in 12,000 units of Issuer securities (the "Units") purchased by the reporting person for $3.4325 per Unit pursuant to a Securities Purchase Agreement, dated June 15, 2015 by and among the Issuer, the reporting person and certain other qualified institutional and individual investors. Each Unit consists of one share of the Issuer's Common Stock, par value $0.01 per share ("Common Stock") and and nine-tenths of a Common Stock warrant to purchase one share of Common Stock at an exercise price of $3.98 per share (subject to adjustment in the event of stock splits, stock dividends, reclassifications and the like).
  • [F2]The shares of Common Stock reported herein give effect to the 1-for-6 reverse stock split which became effective in accordance with the terms of the Certificate of Amendment to the Company's Amended and Restated Certificate of Incorporation filed with the Secretary of State of Delaware on May 26, 2015.
  • [F3]Shares acquired as Company matching contributions under the Metabolix, Inc. 401(k) Plan.
  • [F4]These securities are in the form of restricted stock units ("RSUs") issued pursuant to the Issuer's 2014 Stock Option and Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs will vest in their entirety on April 1, 2016. Except as provided in the reporting person's employment agreement, all RSUs that have not vested will automatically terminate upon the reporting person's termination of employment with the Issuer and its subsidiaries. Vesting of the RSUs is also subject to certain acceleration, continuation and termination provisions set forth in the reporting person's employment agreement.
  • [F5]These securities are in the form of restricted stock units ("RSUs") issued pursuant to the Issuer's 2014 Stock Option and Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs will vest in four (4) equal annual installments beginning on April 1, 2016. Except as otherwise provided in the reporting person's employment agreement, all RSUs that have not vested will automatically terminate upon the reporting person's termination of employment with the Issuer and its subsidiaries. Vesting of the RSUs is also subject to certain acceleration, continuation and termination provisions set forth in the reporting person's employment agreement.

Issuer

METABOLIX, INC.

CIK 0001121702

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001121702

Filing Metadata

Form type
4
Filed
Jun 22, 8:00 PM ET
Accepted
Jun 23, 4:02 PM ET
Size
11.3 KB