APHTON CORP 4
4 · APHTON CORP · Filed Apr 25, 2005
Insider Transaction Report
Form 4
APHTON CORPAPHT
MOONEY PATRICK T
DirectorPresident, CEO and Chairman
Transactions
- Award
Stock Options (Right to buy)
2005-04-21+250,000→ 250,000 totalExercise: $1.08Exp: 2015-04-21→ Common Stock (250,000 underlying) - Award
Common Stock
2005-04-21+100,000→ 120,000 total
Holdings
- 200,000
Stock Options (Right to buy)
Exercise: $7.80Exp: 2024-01-29→ Common Stock (200,000 underlying)
Footnotes (4)
- [F1]Represents a grant of restricted stock that vests in accordance with the following schedule: 100,000 vests on the third anniversary of the grant date. One-third of the shares can only be sold after the second anniversary of the vesting date.
- [F2]These options vest in accordance with the following schedule: 62,500 vest on each of the first through fourth anniversaries of the grant date.
- [F3]These options vest in accordance with the following schedule: 50,000 vest on each of the first through fourth anniversaries of the grant date.
- [F4]These options vest in accordance with meeting certain performance targets set by the Company's Compensation Committee.