4//SEC Filing
DUFFEY SAMUEL S 4
Accession 0001181431-10-041173
CIK 0001310094other
Filed
Aug 9, 8:00 PM ET
Accepted
Aug 10, 3:48 PM ET
Size
9.1 KB
Accession
0001181431-10-041173
Insider Transaction Report
Form 4
DUFFEY SAMUEL S
PRESIDENT AND GENERAL COUNSEL
Transactions
- Award
Stock Option (Right to Buy)
2008-11-13+2,000,000→ 2,000,000 totalExercise: $0.18Exp: 2018-11-13→ Common Stock (2,000,000 underlying) - Award
Stock Option (Right to Buy)
2010-02-12+4,250,000→ 4,250,000 totalExercise: $0.44Exp: 2020-02-12→ Common Stock (4,250,000 underlying)
Footnotes (5)
- [F1]Exercise price is 100% of fair market value on date of grant.
- [F2]Options terminate 10 years from grant date, or 90 days after the non-employee director ceases to be a director for any reason, other than death, disability or retirement.
- [F3]Stock options acquired pursuant to the Issuer's plan of compensation to Employees
- [F4]The options shall vest in three equal tranches: (a) one-third on the date of confirmation of the Issuer's Bankruptcy Plan of Reorganization; (b) one-third on the 90th after the date of confirmation of the Issuer's Bankruptcy Plan of Reorganization; and (c) one-third on the 180th after the date of confirmation of the Issuer's Bankruptcy Plan of Reorganization. Shares underlying the options are restricted as to resale until the 12-month anniversary of the effective date of the Issuer's Bankruptcy Plan of Reorganization.
- [F5]The option shall become 100% vested upon effective date of the Issuer's Bankruptcy Plan of Reorganization and the first to occur of a) six (6) months following the closing of a capital raise by the Issuer's with gross proceeds of a minimum of $5.0 million; or b) two (2) years from the effective date of the Issuer's Bankruptcy Plan. Shares underlying the options are restricted as to resale until the 12-month anniversary of the effective date of the Issuer's Bankruptcy Plan of Reorganization.
Documents
Issuer
ACCENTIA BIOPHARMACEUTICALS INC
CIK 0001310094
Entity typeother
Related Parties
1- filerCIK 0001255259
Filing Metadata
- Form type
- 4
- Filed
- Aug 9, 8:00 PM ET
- Accepted
- Aug 10, 3:48 PM ET
- Size
- 9.1 KB