Shipp Gregory 4
4 · NANOSPHERE INC · Filed Nov 30, 2009
Insider Transaction Report
Form 4
NANOSPHERE INCNSPH
Shipp Gregory
See General Remarks.
Transactions
- Award
Employee Stock Option (right to buy)
2009-11-25+50,000→ 50,000 totalExercise: $6.06Exp: 2019-11-25→ Common Stock (50,000 underlying) - Award
Common Stock
2009-11-25+50,000→ 58,600 total
Footnotes (2)
- [F1]25,000 shares of the Restricted Stock are subject to forfeiture until completion of a two-year vesting period, and 25,000 shares of the Restricted Stock are subject to forfeiture until completion of a four-year vesting period.
- [F2]The option cliff-vests in full on the seventh anniversary of the date of grant, which was November 25, 2009, subject to acceleration based upon the achievement of five performance-based milestones. Upon the achievement of each milestone, 10,000 options become exercisable immediately.