ZOGENIX, INC. 4
4 · ZOGENIX, INC. · Filed May 26, 2011
Insider Transaction Report
Form 4
ZOGENIX, INC.ZGNX
MINOCHERHOMJEE ARDA PHD
Director10% Owner
Transactions
- Award
Director Option (right to buy)
2011-05-24+1,750→ 1,750 totalExercise: $3.87Exp: 2021-05-24→ Common Stock (1,750 underlying) - Award
Director Option (right to buy)
2011-05-24+12,500→ 12,500 totalExercise: $3.87Exp: 2021-05-24→ Common Stock (12,500 underlying)
Footnotes (3)
- [F1]The Option was granted on May 24, 2011 and fifty percent is vested and immediately exercisable upon the date of grant, in whole or in part, at the election of the holder. The remaining fifty percent vests in a series of six (6) successive, equal monthly installments beginning on the date of grant, subject to the Reporting Person's continued service as a director on each such vesting date.
- [F2]The Option was granted on May 24, 2011 and vest in a series of twelve (12) successive, equal monthly installments beginning on the date of grant, subject to the Reporting Person's continued service as a director on each such vesting date.
- [F3]Pursuant to the policies of Chicago Growth Partners II, L.P. ("CGP") and its affiliates, the Reporting Person is deemed to hold the reported Option for the benefit of CGP, of which Chicago Growth Management II, LLC ("CGM II LLC") is the ultimate general partner, and must exercise the Option solely at the discretion of CGM II LLC. CGM II LLC may be deemed to be the indirect beneficial owner of the Option. The Reporting Person therefore disclaims beneficial ownership of the Option except to the extent of his pecuniary interest therein.