4//SEC Filing
Skolsky Steven D 4
Accession 0001181431-04-043403
CIK 0000911326other
Filed
Sep 8, 8:00 PM ET
Accepted
Sep 9, 6:48 PM ET
Size
8.4 KB
Accession
0001181431-04-043403
Insider Transaction Report
Form 4
TRIMERIS INCTRMS
Skolsky Steven D
DirectorChief Executive Officer
Transactions
- Award
Common stock
2004-09-08+50,000→ 50,000 total - Award
Employee stock option (right to buy)
2004-09-08+350,000→ 350,000 totalExercise: $11.51From: 2005-03-08Exp: 2014-09-08→ Common stock (350,000 underlying)
Footnotes (3)
- [F1]These shares of restricted stock were granted pursuant to the Trimeris, Inc. Amended and Restated Stock Incentive Plan. These shares vest 100% and become fully transferable on 9/8/08. In the event that the reporting person is terminated without Cause by the Company or on account of Death or Disability, or the reporting person resigns for Good Reason (as these terms are defined in the Employment Agreement between reporting person and Company dated 9/8/04) prior to 9/8/06, 50% of the shares shall become nonforfeitable on such date of termination or, if later, 3/8/05 . In the event reporting person's employment ends as a result of one of these events occuring after 9/8/06, the stock will vest at a monthly rate for each month of service that occurs after 9/8/06.
- [F2]The option vests 12.5% after six months from the date of grant and on a monthly basis for the next forty-two (42) months thereafter. In the event that the reporting person is terminated without Cause by the Company or the reporting person resigns for Good Reason (as these terms are defined in the Employment Agreement between reporting person and Company dated 9/8/04) prior to 9/8/06, 50% of the shares subject to the option shall become nonforfeitable on such date of termination.
- [F3]These stock options were granted pursuant to the Trimeris, Inc. Amended and Restated Stock Incentive Plan.
Documents
Issuer
TRIMERIS INC
CIK 0000911326
Entity typeother
Related Parties
1- filerCIK 0001300868
Filing Metadata
- Form type
- 4
- Filed
- Sep 8, 8:00 PM ET
- Accepted
- Sep 9, 6:48 PM ET
- Size
- 8.4 KB