Muller Christopher A. 4
4 · QLT INC/BC · Filed Apr 17, 2012
Insider Transaction Report
Form 4
QLT INC/BCQLTI
Muller Christopher A.
See Remarks
Transactions
- Award
Employee Stock Options (right to buy)
2012-04-16+250,000→ 250,000 totalExercise: $6.84Exp: 2017-04-16→ Common Stock (250,000 underlying)
Footnotes (2)
- [F1]Option exercise price reflects the conversion of Canadian dollars to U.S. dollars based on the exchange rate in effect as of the date of grant, which exchange rate was 1:1.0025. The option exercise price is $6.82 CAD per share, which was the closing price of the Issuer's common stock on the Toronto Stock Exchange as of the date of grant.
- [F2]The option vests in 36 equal monthly installments, beginning on May 16, 2012.