DEPOMED INC 4
4 · DEPOMED INC · Filed Apr 4, 2017
Insider Transaction Report
Form 4
DEPOMED INCDEPO
Moretti August J
Chief Financial Officer
Transactions
- Tax Payment
Common stock
2017-04-02$12.55/sh−940$11,797→ 41,785 total - Award
Restricted Stock Units
2017-03-31+40,000→ 40,000 total→ Common Stock (40,000 underlying)
Footnotes (4)
- [F1]Represents shares of restricted stock forfeited to meet the tax liability triggered by the vesting of such restricted stock.
- [F2]Amount does not include any unvested restricted stock previously reported on Form 4 by the reporting person.
- [F3]Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.
- [F4]These restricted stock units are scheduled to vest 50% on March 31, 2018 and 50% on March 31, 2019, assuming continued employment through the applicable vesting date.