Rice Glenn C 4
4 · PHARMACYCLICS INC · Filed Sep 30, 2008
Insider Transaction Report
Form 4
Rice Glenn C
DirectorPresident and COO
Transactions
- Award
Non-qualified Stock Option (right to buy)
2008-09-10+10,000→ 10,000 totalExercise: $2.30From: 2008-09-10Exp: 2018-09-10→ Common Stock (10,000 underlying)
Footnotes (1)
- [F1]Automatic grant to Reporting Person of option to purchase 10,000 shares of issuer's Common Stock pursuant to issuer's 2004 Equity Incentive Award Plan in a transaction exempt under Rule 16b-3(d). The option is immediately exercisable, but the shares are subject to repurchase upon optionee's termination of service prior to vesting of such shares. The repurchase right lapses in equal and succesive annual installments for the five (5) years following the grant date.