Santos Carlos 4
4 · BIOVEST INTERNATIONAL INC · Filed Sep 14, 2012
Insider Transaction Report
Form 4
BIOVEST INTERNATIONAL INCBVTI.OB
Santos Carlos
Sr. VP of Prod Dev/Reg Affairs
Transactions
- Award
Stock Option (Right to Buy)
2012-08-24+494,124→ 494,124 totalExercise: $0.18From: 2012-08-24Exp: 2017-08-24→ Common Stock (494,124 underlying)
Footnotes (3)
- [F1]The options were delivered to and received by employee on September 14, 2012.
- [F2]The options shall vest as follows: (a) 393,162 vest immediately; (b) 14,423 on September 28, 2012; and (c) 14,423 for each of six successive two-week intervals after September 28, 2012 through and including December 21, 2012.
- [F3]The options terminate 5 years from the grant date, or 90 days after the employee ceases to be an employee for any reason, other than death, disability or retirement.