DEPOMED INC 4
4 · DEPOMED INC · Filed Feb 10, 2017
Insider Transaction Report
Form 4
DEPOMED INCDEPO
Moretti August J
Chief Financial Officer
Transactions
- Award
Restricted Stock Units
2017-02-08+23,000→ 23,000 total→ Common Stock (23,000 underlying) - Award
Stock Options
2017-02-08+54,200→ 54,200 totalExercise: $17.09Exp: 2027-02-08→ Common Stock (54,200 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, 2017, 25% on December 1, 2018, 25% on December 1, 2019, and 25% on December 1, 2020, assuming continued employment through the applicable vesting date.
- [F3]These stock options are exercisable in 48 equal monthly installments.