Stewart Brian 4/A
4/A · Patient Safety Technologies, Inc · Filed Nov 18, 2010
Insider Transaction Report
Form 4/AAmended
Stewart Brian
VP Business Development
Transactions
- Award
Employee Stock Options (right to buy)
2010-11-15+2,000,000→ 2,000,000 totalExercise: $0.75From: 2010-11-15Exp: 2020-06-24→ Common Stock (2,000,000 underlying)
Footnotes (2)
- [F1]Options granted to Reporting Person on November 15, 2010 of which 500,000 shares were immediately vested and exercisable. An additional 250,000 shares vest on June 24, 2011 and thereafter, the remaining 1,250,000 shares vest and become exercisable at a rate of 1/42nd per month so that 100% of the options are vested and exercisable on June 24, 2014.
- [F2]This Form 4A is being filed solely to correct a typographical error in Column 9 on the Reporting Person's Form 4 filed November 17, 2010. The total number of derivative securities owned following the reported transaction was inadvertently written as 200,000 shares; the correct number is 2,000,000 shares.