ARTES MEDICAL INC 4
4 · ARTES MEDICAL INC · Filed Jun 2, 2008
Insider Transaction Report
Form 4
ABEL DOUGLAS
Director
Transactions
- Award
Restricted Stock Units
2008-05-29+6,250→ 6,250 total→ Common Stock (6,250 underlying) - Award
Stock Option (Right to Buy)
2008-05-29+12,500→ 12,500 totalExercise: $0.97Exp: 2018-05-28→ Common Stock (12,500 underlying)
Footnotes (3)
- [F1]This option vests and becomes exercisable in 12 equal installments on each monthly anniversary of the date of grant (May 29, 2008). The option will become fully vested and exercisable upon a Fundamental Transaction, as such capitalized term is defined in the Issuer's 2006 Equity Incentive Plan (the "Plan").
- [F2]This award of restricted stock units ("RSUs") is made pursuant to the Plan. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
- [F3]This award of RSUs vests upon the earliest of a Fundamental Transaction, as such capitalized term is defined in the Plan, or the expiration of 12 months of continuous service as a director of the Issuer. The vested shares of the Issuer's Common Stock will be delivered to the reporting person as soon as administratively practicable after the vesting date.