4//SEC Filing
Poston David J 4
Accession 0001181431-10-022194
CIK 0000921114other
Filed
Apr 19, 8:00 PM ET
Accepted
Apr 20, 6:26 PM ET
Size
7.2 KB
Accession
0001181431-10-022194
Insider Transaction Report
Form 4
TARGETED GENETICS CORP /WA/TGEN.PK
Poston David J
Vice President and CFO
Transactions
- Tax Payment
Common Stock
2010-04-16$0.22/sh−66,125$14,548→ 220,576 total - Award
Common Stock
2010-04-16+500,000→ 36,701 total
Footnotes (3)
- [F1]These shares represent a grant of 500,000 restricted stock units that vest as follows: fifty percent (250,000 shares) on the date of grant, and fifty percent (250,000 shares) on December 31, 2010, so long as the reporting person is providing services to the Company on that date.
- [F2]As a result of the vesting of 250,000 restricted shares of common stock on the grant date, the reporting person surrendered 66,125 of such shares to the Company as payment for the withholding taxes due in connection with such vesting.
- [F3]Issued as part of a retention incentive package structured to both reflect and preserve the Company's limited cash resources and provide sufficient retention incentives to the named reporting person. The subject retention incentive package replaces and supersedes incentives included in that certain Amended and Restated Change in Control Agreement, dated March 11, 2008, as amended, between reporting person and Company.
Documents
Issuer
TARGETED GENETICS CORP /WA/
CIK 0000921114
Entity typeother
Related Parties
1- filerCIK 0001337173
Filing Metadata
- Form type
- 4
- Filed
- Apr 19, 8:00 PM ET
- Accepted
- Apr 20, 6:26 PM ET
- Size
- 7.2 KB