Forte Phillip S 4
4 · IGI INC · Filed Jun 2, 2009
Insider Transaction Report
Form 4
IGI INCIG
Forte Phillip S
Chief Financial Officer
Transactions
- Award
Stock Option (Right to Buy)
2009-05-29+110,000→ 110,000 totalExercise: $1.01Exp: 2019-06-02→ Common Stock (110,000 underlying)
Footnotes (1)
- [F1]The above equity grants to Mr. Forte will become fully vested over a period of three years as follows: (i) one-twelfth of the shares subject to the equity grants will vest on June 1, 2009; (ii) one-twelfth of the shares subject to the equity grants will vest on each of the following dates: (A) September 30, 2009, (B) December 31, 2009 and (C) March 31, 2010; (iii) one-third of the shares subject to the equity grants will vest on June 1, 2011; and (iv) one-third of the shares subject to the equity grants will vest on June 1, 2012.