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4//SEC Filing

ORAGENICS INC 4

Accession 0001181431-12-055509

$OGENCIK 0001174940operating

Filed

Oct 24, 8:00 PM ET

Accepted

Oct 25, 4:18 PM ET

Size

7.2 KB

Accession

0001181431-12-055509

Insider Transaction Report

Form 4
Period: 2012-10-23
BONFIGLIO JOHN N
DirectorPresident and CEO
Transactions
  • Award

    Common Stock

    2012-10-23+56,482183,818 total
  • Tax Payment

    Common Stock

    2012-10-23$2.10/sh14,939$31,372168,879 total
Footnotes (3)
  • [F1]Represents the portion of an aggregate performance award of 188,482 shares made in connection with, and as part of, the previously approved long term incentive compensation component of the executive compensation program adopted by the Company and made pursuant to an award agreement with the reporting individual. The award was originally made under the Company's Amended and Restated 2002 Stock Option and Incentive Plan (the "Plan") and was based upon the determination that the specified performance goal related to the Company's securing financing had been achieved. The initial award determination was made on August 6, 2012, pursuant to which 132,000 shares were awarded to the reporting person. The closing price of the Company's stock on such date was $ 2.75. (Continued in footnote 2)
  • [F2]The balance of the performance award shares due of 56,482 was subject to shareholder approval of an amendment, restatement, and retitling of the Plan as well as an increase in the shares available for awards under the Plan, which occurred at the Company's annual meeting on October 23, 2012. The closing price of the Company's stock on October 23, 2012 was $2.10.
  • [F3]Represents withholding of shares of common stock to satisfy tax withholding obligations in connection with the issuance of the balance of the performance share award.

Issuer

ORAGENICS INC

CIK 0001174940

Entity typeoperating
IncorporatedFL

Related Parties

1
  • filerCIK 0001174940

Filing Metadata

Form type
4
Filed
Oct 24, 8:00 PM ET
Accepted
Oct 25, 4:18 PM ET
Size
7.2 KB