Home/Filings/4/0001181431-05-041525
4//SEC Filing

ACKERMAN SAMUEL K 4

Accession 0001181431-05-041525

CIK 0001040017other

Filed

Jul 21, 8:00 PM ET

Accepted

Jul 22, 2:45 PM ET

Size

6.2 KB

Accession

0001181431-05-041525

Insider Transaction Report

Form 4
Period: 2005-04-07
ACKERMAN SAMUEL K
DirectorChief Executive Officer
Transactions
  • Award

    Stock option (right to buy)

    2005-04-07+860,000860,000 total
    Exercise: $2.65From: 2005-05-11Exp: 2015-04-07Common Stock (860,000 underlying)
Footnotes (2)
  • [F1]Options to purchase 430,000 shares of V.I. Technologies, Inc. ("Vitex") common stock (50% of the total stock options granted) vest monthly in equal increments for 48 months beginning April 11, 2005, so long as Dr. Ackerman remains employed by Vitex. For the remaining options to purchase 430,000 shares of Vitex stock, vesting shall occur on the fifth anniversary of the grant date, provided that the vesting of the options shall be subject to acceleration based on achievement of performance milestones mutually agreed upon by Dr. Ackerman and the Board of Directors of Vitex.
  • [F2]Options granted by Vitex with no consideration paid for such grant.

Issuer

V I TECHNOLOGIES INC

CIK 0001040017

Entity typeother

Related Parties

1
  • filerCIK 0001212145

Filing Metadata

Form type
4
Filed
Jul 21, 8:00 PM ET
Accepted
Jul 22, 2:45 PM ET
Size
6.2 KB