Home/Filings/4/0001179110-16-021748
4//SEC Filing

LPATH, INC 4

Accession 0001179110-16-021748

CIK 0001251769operating

Filed

Mar 15, 8:00 PM ET

Accepted

Mar 16, 4:06 PM ET

Size

9.2 KB

Accession

0001179110-16-021748

Insider Transaction Report

Form 4
Period: 2016-03-09
Transactions
  • Tax Payment

    Common Stock

    2016-03-09$0.19/sh3,325$63232,116 total
  • Exercise/Conversion

    Restricted Stock Units

    2016-03-099,5000 total
    Common Stock (9,500 underlying)
  • Exercise/Conversion

    Common Stock

    2016-03-09+9,50035,441 total
Footnotes (4)
  • [F1]Represents a restricted stock unit previously reported as 66,500 shares as adjusted to reflect a 1-for-7 reverse stock split that occurred on October 8, 2012.
  • [F2]The restricted stock unit represented a right to receive shares of the Issuer's common stock, subject to vesting requirements, at no additional conversion or exercise price.
  • [F3]The shares were withheld at the election of the reporting person to satisfy the Issuer's minimum tax withholding obligations in connection with the vesting and delivery of restricted stock units granted in March 2011.
  • [F4]25% of the Restricted Stock Units vested one year following the date of grant (March 9, 2011) and the remaining shares vested in 12 equal quarterly installments thereafter. Vested shares were delivered to the reporting person on the fifth anniversary of the date of grant.

Issuer

LPATH, INC

CIK 0001251769

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001251769

Filing Metadata

Form type
4
Filed
Mar 15, 8:00 PM ET
Accepted
Mar 16, 4:06 PM ET
Size
9.2 KB