Farmer Glen A 4
4 · AVALON PHARMACEUTICALS INC · Filed Jun 13, 2006
Insider Transaction Report
Form 4
Farmer Glen A
Principal Accounting Officer
Transactions
- Award
Stock Option (right to buy)
2006-06-09+2,000→ 0 totalExercise: $4.05→ Common Stock (2,000 underlying)
Footnotes (2)
- [F1]The option vests in equal monthly installments over the course of four years from the grant date.
- [F2]The option will expire at the close of business at the Issuer's headquarters on the day before the 10th anniversary of the grant of the option. The option will expire earlier if the reporting person's service to the Issuer terminates. If the reporting person's service to the Issuer terminates for any reason, other than death, disability or cause, then the option will expire at the close of business at the Issuer's headquarters on the 90th day after the reporting person's termination date.