4//SEC Filing
Swortwood Donald 4
Accession 0001181431-10-022704
CIK 0001251769other
Filed
Apr 22, 8:00 PM ET
Accepted
Apr 23, 5:13 PM ET
Size
6.6 KB
Accession
0001181431-10-022704
Insider Transaction Report
Form 4
LPATH, INCLPTN
Swortwood Donald
Director
Transactions
- Award
Restricted Stock Units
2010-04-21+40,000→ 40,000 totalExercise: $0.00→ Class A Common Stock (40,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Lpath, Inc. Class A Common Stock.
- [F2]The Restricted Stock Units were granted to the reporting person pursuant to the Lpath, Inc. Amended and Restated 2005 Equity Incentive Plan and are subject to a vesting schedule described in footnote (3) below.
- [F3]The Restricted Stock Units shall vest over one year. Twenty-five percent of the Restricted Stock Units will vest on the date three months following the vesting commencement date of February 10, 2010 and the remaining seventy-five percent will vest in three equal quarterly installments thereafter. Vested shares will be delivered to the reporting person on the fifth anniversary of the date of grant or upon an earlier termination of the reporting person's service to Lpath, disability, death, or sale of Lpath.
Documents
Issuer
LPATH, INC
CIK 0001251769
Entity typeother
Related Parties
1- filerCIK 0001346475
Filing Metadata
- Form type
- 4
- Filed
- Apr 22, 8:00 PM ET
- Accepted
- Apr 23, 5:13 PM ET
- Size
- 6.6 KB