ORGANOVO HOLDINGS, INC. 4
4 · ORGANOVO HOLDINGS, INC. · Filed Jan 29, 2014
Insider Transaction Report
Form 4
Renard Michael
EVP of Commercial Operations
Transactions
- Sale
Common Stock
2014-01-27$8.92/sh−10,000$89,200→ 0 total - Exercise/Conversion
Common Stock
2014-01-29$1.65/sh+30,000$49,500→ 30,000 total - Exercise/Conversion
Stock Option (Right to Buy)
2014-01-27−10,000→ 590,000 totalExercise: $1.65Exp: 2022-07-23→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2014-01-27$1.65/sh+10,000$16,500→ 10,000 total - Sale
Common Stock
2014-01-29$9.93/sh−30,000$297,999→ 0 total - Exercise/Conversion
Stock Option (Right to Buy)
2014-01-29−30,000→ 560,000 totalExercise: $1.65Exp: 2022-07-23→ Common Stock (30,000 underlying)
Footnotes (5)
- [F1]The sale of shares was effecutated pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- [F2]This transaction was executed in multiple sales through a sale order executed by a broker-dealer at prices ranging from $8.90 to $8.95. The price reported in this column reflects the weighted average sale price. The Reporting Person will provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F3]This transaction was executed in multiple sales through a sale order executed by a broker-dealer at prices ranging from $9.80 to $10.00. The price reported in this column reflects the weighted average sale price. The Reporting Person will provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F4]This number does not include 660,000 shares of common stock underlying outstanding options held by Mr. Renard; post-transaction Mr. Renard continues to beneficially own or have a right to acquire 660,000 shares of common stock.
- [F5]25% of the option shares vest and become exercisable on April 30, 2013 and the remaining shares vest in 12 equal quarterly installments thereafter.