NOVACEA INC 4
4 · NOVACEA INC · Filed May 11, 2007
Insider Transaction Report
Form 4
NOVACEA INCNOVC
Ang Ivy
V.P., Human Resources
Transactions
- Award
Restricted Stock Units
2007-05-09+20,000→ 20,000 total→ Common Stock (20,000 underlying)
Holdings
- 73,765
Common Stock, $0.001 par value
Footnotes (3)
- [F1]A portion of these shares is subject to a right of repurchase held by the Issuer. Reporting person acquired 1,766 shares of Issuer's common stock under the Novacea, Inc. 401(k) Plan pursuant to Issuer's matching contribution on March 12, 2007.
- [F2]Upon vesting, Reporting Person is entitled to receive 1 share of common stock for each restricted stock unit.
- [F3]The restricted stock units vest in 2 successive and equal annual installments measured from May 9, 2007 such that the restricted stock units will vest in full on the second anniversary of May 9, 2007, subject to the Reporting Person's continued employment or service relationship with the Issuer on each of the vesting dates.