NEKTAR THERAPEUTICS 4
4 · NEKTAR THERAPEUTICS · Filed Sep 21, 2007
Insider Transaction Report
Form 4
LERNER IRWIN
Director
Transactions
- Award
Stock Option (Right to Buy)
2007-09-19$8.81/sh+15,000$132,150→ 180,000 totalExercise: $8.81Exp: 2015-09-19→ Common Stock (15,000 underlying) - Award
Restricted Stock Unit
2007-09-19$0.01/sh+5,000$50→ 10,000 totalExercise: $0.01→ Common Stock (5,000 underlying)
Footnotes (4)
- [F1]The Reporting Person is receiving this equity compensation under the Amended and Restated Compensation Plan for Non-Employee Directors.
- [F2]1/12th of the shares shall vest per calendar month following the date of grant with all of such shares vesting on September 19, 2008 provided that the Reporting Person continues his or her service as a director through such date.
- [F3]The shares of common stock shall vest upon the one year anniversary of the date of grant (or September 19, 2008), provided that the Reporting Person continues his or her service as a director through such date and further subject to the terms and conditions of the restricted stock unit agreement.
- [F4]Not applicable.