THRESHOLD PHARMACEUTICALS INC 4
4 · THRESHOLD PHARMACEUTICALS INC · Filed Sep 28, 2006
Insider Transaction Report
Form 4
HALTER WILLIAM A
Director
Transactions
- Award
Stock Option (Right to Buy)
2006-09-27+15,000→ 15,000 totalExercise: $2.50Exp: 2016-05-24→ Common Stock (15,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2006-09-26−15,000→ 0 totalExercise: $4.13From: 2006-06-25Exp: 2016-05-24→ Common Stock (15,000 underlying)
Footnotes (4)
- [F1]The stock option was granted pursuant to the Threshold Pharmaceuticals, Inc. 2004 Amended and Restated Equity Incentive Plan.
- [F2]This option shall vest and become exercisable commencing on September 27, 2006, in equal monthly installments, with the last installment vesting on the date of the Company's annual stockholder meeting for the year following the year in which the option was granted.
- [F3]On September 26, 2006, the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on May 25, 2006. In exchange, the reporting person has received a replacement option on September 27, 2006, for the same number of shares, having an exercise price equal to $2.50, the closing market price of the underlying stock on the grant date.
- [F4]On September 26, 2006, the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on May 19, 2005. In exchange, the reporting person has received a replacement option on September 27, 2006, for the same number of shares, having an exercise price equal to $2.50, the closing market price of the underlying stock on the grant date.