Grimes D Jeffery 4
4 · ARADIGM CORP · Filed Jan 23, 2009
Insider Transaction Report
Form 4
ARADIGM CORPARDM
Grimes D Jeffery
VP Legal Affairs, Secretary
Transactions
- Award
Option (Right to Buy)
2009-01-21+200,000→ 200,000 totalExercise: $0.25Exp: 2019-01-20→ Common Stock (200,000 underlying) - Award
Common Stock
2009-01-21+35,000→ 80,893 total
Footnotes (3)
- [F1]Restricted Stock Award that represents a contingent right to receive 35,000 shares of Aradigm Corporation common stock and vests as to 50% of the shares on January 1, 2010 and 50% of the shares on January 1, 2011.
- [F2]Inapplicable.
- [F3]Option vests in equal quarterly installments over four years from January 1, 2009.