Franklin Joshua B 4
4 · CORNERSTONE THERAPEUTICS INC · Filed Jun 1, 2009
Insider Transaction Report
Form 4
Franklin Joshua B
VP, Sales and Marketing
Transactions
- Award
Common Stock
2009-05-28+50,000→ 50,000 total - Award
Option to Purchase Common Stock (Right to Buy)
2009-05-28+25,000→ 25,000 totalExercise: $7.09Exp: 2019-05-28→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]Pursuant to the terms of a restricted stock agreement, the vesting schedule of this restricted stock is 25% on May 28, 2010, 25% on May 28, 2011, 25% on May 28, 2012, and 25% on May 28, 2013.
- [F2]Shares subject to these options vest as to 25% of such shares on the first anniversary of the date of grant and as to the remaining shares in 36 approximately equal monthly installments beginning one month thereafter.