CRITICAL THERAPEUTICS INC 4
4 · CRITICAL THERAPEUTICS INC · Filed Sep 10, 2004
Insider Transaction Report
Form 4
Finnegan Frederick
SVP of Sales and Marketing
Transactions
- Award
Options to Purchase Common Stock
2004-09-08+125,000→ 125,000 totalExercise: $5.99Exp: 2014-09-07→ Common Stock (125,000 underlying)
Footnotes (2)
- [F1]25% of such options to become exercisable on September 8, 2005 and 75% of such options to become exercisable in 60 equal monthly installments beginning one month thereafter; provided, however, 75% of the original number of shares shall become exercisable based upon the satisfaction of two corporate objectives as determined by the Compensation Committee of the Board of Directors. The exercisability of this option would be accelerated by two years of vesting if the employment of the holder is terminated within one year after a change of control of the Issuer.
- [F2]Not applicable.