4//SEC Filing
Van Ness Kenneth 4
Accession 0001200876-12-000071
CIK 0001175680other
Filed
Aug 1, 8:00 PM ET
Accepted
Aug 2, 12:04 PM ET
Size
8.7 KB
Accession
0001200876-12-000071
Insider Transaction Report
Form 4
CYTODYN INCCYDY
Van Ness Kenneth
Director
Transactions
- Disposition to Issuer
Options (right to acquire)
2012-08-01−750,000→ 750,000 totalExercise: $2.00Exp: 2012-08-08→ Common (750,000 underlying)
Footnotes (2)
- [F1]The grant of the original 1,500,000 options were reported on April 18, 2012 (the "Options"). On July 25, 2012, the reporting person and the issuer entered into a Transition Agreement (the "Agreement"), which was included in the issuer's Form 8-K filed on July 25, 2012. As partial consideration under the Agreement, the reporting person agreed to the cancellation of the 750,000 Options.
- [F2]Pursuant to the terms of the Agreement, the remaining 750,000 Options became immediately exercisable.
Issuer
CYTODYN INC
CIK 0001175680
Entity typeother
Related Parties
1- filerCIK 0001494901
Filing Metadata
- Form type
- 4
- Filed
- Aug 1, 8:00 PM ET
- Accepted
- Aug 2, 12:04 PM ET
- Size
- 8.7 KB