Home/Filings/4/0001181431-09-052012
4//SEC Filing

Jones Mary Ellen 4

Accession 0001181431-09-052012

CIK 0001049210other

Filed

Nov 16, 7:00 PM ET

Accepted

Nov 17, 6:07 AM ET

Size

19.4 KB

Accession

0001181431-09-052012

Insider Transaction Report

Form 4
Period: 2009-11-12
Transactions
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2009-11-125,4680 total
    Exercise: $30.72Exp: 2018-05-23Common Stock (5,468 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2009-11-1212,5000 total
    Exercise: $81.96Exp: 2017-07-20Common Stock (12,500 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2009-11-124,1660 total
    Exercise: $81.96Exp: 2017-07-20Common Stock (4,166 underlying)
  • Award

    Stock Option (Right to Buy)

    2009-11-12+10,27610,276 total
    Exercise: $3.85Exp: 2019-11-12Common Stock (10,276 underlying)
  • Award

    Stock Option (Right to Buy)

    2009-11-12+833833 total
    Exercise: $3.85Exp: 2019-11-12Common Stock (833 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2009-11-127810 total
    Exercise: $30.72Exp: 2018-05-23Common Stock (781 underlying)
  • Award

    Stock Option (Right to Buy)

    2009-11-12+6,2496,249 total
    Exercise: $3.85Exp: 2019-11-12Common Stock (6,249 underlying)
Footnotes (7)
  • [F1]Exchanged for new options to purchase shares of common stock at an exercise price of $3.85 per share pursuant to the Company's stock option exchange program which commenced on 10/13/2009 and terminated 11/12/2009.
  • [F2]The option vests as to 25% of the shares on the first anniversary of the date of grant and 6.25% each quarter thereafter.
  • [F3]The option vests 100% on the seventh anniversary of the grant date (subject to accelerated vesting upon achievement of corporate goals to be determined by the Compensation Committee of the Board).
  • [F4]Granted in exchange for options surrendered (reported above) pursuant to the Company's stock option exchange program which commenced on 10/13/2009 and terminated 11/12/2009.
  • [F5]The options shall vest according to the following schedule: 2,571 options vested on 11/12/2009 and 2,569 options shall vest ratably over the next 6 quarters beginning with the quarter ending 12/31/2009. The remaining 5,136 options shall vest ratably over the next 14 quarters beginning with the quarter ending 12/31/2009.
  • [F6]The options shall vest according to the following schedule: 417 options shall vest ratably over the next 18 quarters beginning with the quarter ending 12/31/2009, and the remaining 416 options shall vest ratably over the next 26 quarters beginning with the quarter ending 12/31/2009.
  • [F7]The options shall vest according to the following schedule: 3125 options vested on 11/12/2009 and 3124 options shall vest ratably over the next 8 quarters beginning with the quarter ending 12/31/2009.

Issuer

VERENIUM CORP

CIK 0001049210

Entity typeother

Related Parties

1
  • filerCIK 0001428620

Filing Metadata

Form type
4
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 6:07 AM ET
Size
19.4 KB