Vyteris Holdings (Nevada), Inc. 4

4 · Vyteris Holdings (Nevada), Inc. · Filed May 19, 2005

Form 4

Period: 2005-05-17

Chief Financial Officer

Transactions

Award
Stock Option (Right to Purchase)
2004-09-29+8,904→ 8,904 total
Exercise: $1.91Exp: 2013-12-31→ Common Stock (8,904 underlying)
Award
Stock Option (Right to Purchase)
2004-09-29+10,475→ 0 total
Exercise: $1.91Exp: 2014-12-31→ Common Stock (10,475 underlying)
Award
Stock Option (Right to Purchase)
2004-09-29+90,609→ 101,084 total
Exercise: $1.91Exp: 2014-12-31→ Common Stock (90,609 underlying)
Award
Stock Option (Right to Purchase)
2005-05-17+174,300→ 174,300 total
Exercise: $3.04Exp: 2015-05-17→ Common Stock (174,300 underlying)

Footnotes (4)

[F1]Pursuant to the Merger Agreement and Plan of Reorganization by and among Treasure Mountain Holdings, Inc., now known as Vyteris Holdings (Nevada), Inc. ("VYHN"), TMH Acquisition Corp. and Vyteris, Inc., dated as of July 8, 2004, as amended, on September 29, 2004 the Reporting Person became entitled to receive an option for 4.19 shares of Treasure Mountain common stock for each option of Vyteris, Inc. held by the Reporting Person.
[F2]Thirty-three percent of the options are already vested. The remaining options vest in installments of 33% on December 31, 2005 and 34% December 31, 2006.
[F3]Sixty percent of these options are already vested. The remaining options vest in installments of 20% each on December 31, 2005 and December 31, 2006.
[F4]Fifty percent vests immediately. The remaining options vest in installments of 17% each on May 17, 2006 and May 17 2007 and 16% on May 17, 2008.

Documents

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