Johnson Charles A 4
4 · INSPIRE PHARMACEUTICALS INC · Filed Feb 1, 2011
Insider Transaction Report
Form 4
Johnson Charles A
EVP of R&D & Chief Med. Ofcr.
Transactions
- Award
Restricted Stock Units
2011-01-28+27,524→ 27,524 total→ Common Stock (27,524 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of the common stock of Inspire Pharmaceuticals, Inc. The shares will be delivered following the end of the scheduled vesting date or 60 days following an earlier vesting date that occurs as a result of the grantee's separation from service.
- [F2]Shall vest as follows: 25% on June 1, 2012; 25% on June 1, 2013; 25% on June 1, 2014 and 25% on June 1, 2015.