Erwin Mark E. 4
4 · ADVENTRX PHARMACEUTICALS INC · Filed Feb 3, 2009
Insider Transaction Report
Form 4
Erwin Mark E.
SVP, Operations
Transactions
- Award
Restricted Stock Units
2009-01-30+650,000→ 650,000 totalExercise: $0.09→ Common Stock (650,000 underlying)
Footnotes (2)
- [F1]This award of restricted stock units ("RSUs") is made pursuant to the Issuer's 2008 Omnibus Incentive Plan (the "Plan"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
- [F2]Provided that the reporting person's services have not been terminated, the award of RSUs vest prior to the consummation of a Strategic Transaction, as such capitalized term is defined in the Notice of Grant issued pursuant to the Plan. The vested shares of the Issuer's Common Stock will be delivered to the reporting person as soon as administratively practicable following the vesting date.