PARADIGM GENETICS INC 4/A
4/A · PARADIGM GENETICS INC · Filed Jul 30, 2003
Insider Transaction Report
Form 4/AAmended
HAMER JOHN
Chief Scientific Officer
Transactions
- Award
Common Stock
2003-06-27$1.31/sh+68,333$89,516→ 94,666 total - Award
Stock Options (Right to Buy)
2003-02-13$0.24/sh+70,000$16,800→ 423,667 totalExercise: $0.24From: 2003-12-31Exp: 2010-02-12→ Common Stock (70,000 underlying)
Footnotes (2)
- [F1]The original Form 4 incorrectly listed transaction as a D
- [F2]Shares subject to the option shall vest on February 12, 2010, subject to Optionee's continuing to to be a Service Provider on such date. However accelerated vesting up to 100% may occur effective December 31, 2003. The acceleration activation and amount will be based on (1) the achievement of specified performance goals in the 2003 Leadership Incentive Plan, (2) final approval of the Board of Directors and, (3) Optionee's continuing to be a Service Provider as of December 31, 2003.