4//SEC Filing
KOSAN BIOSCIENCES INC 4
Accession 0001181431-08-001740
CIK 0001110206operating
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 4:11 PM ET
Size
6.5 KB
Accession
0001181431-08-001740
Insider Transaction Report
Form 4
Titus Gary
Sr. VP and CFO
Transactions
- Award
Restricted Stock Units
2008-01-02+32,200→ 32,200 total→ Common Stock (32,200 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the common stock of Kosan Biosciences Incorporated (the "Company").
- [F2]The restricted stock units (the "RSUs") vest as follows: (i) 16,100 RSUs will vest, if at all, if the reporting person remains an employee of the Company through December 31, 2008 and the Company has entered into a written agreement on or before a specified date with a pharmaceutical or biotechnology company for the development and commercialization of a Company-developed Hsp90 inhibitor and/or epothilone product, provided such agreement includes certain minimum financial terms, (ii) 8,050 RSUs will vest, if at all, if the reporting person remains an employee of the Company through December 31, 2009 and (iii) 8,050 RSUs will vest, if at all, if the reporting person remains an employee of the Company through December 31, 2010. In the event that one or more RSUs vest, the Company will deliver to the reporting person one share of the Company's common stock for each RSU that has vested.
Documents
Issuer
KOSAN BIOSCIENCES INC
CIK 0001110206
Entity typeoperating
IncorporatedCA
Related Parties
1- filerCIK 0001110206
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 4:11 PM ET
- Size
- 6.5 KB