Patno Timothy 4
4 · NANOSPHERE INC · Filed Feb 23, 2010
Insider Transaction Report
Form 4
NANOSPHERE INCNSPH
Patno Timothy
Vice President of Technology
Transactions
- Award
Common Stock
2009-11-25+100,000→ 100,000 total - Award
Employee Stock Option (right to buy)
2009-11-25+125,000→ 125,000 totalExercise: $6.06Exp: 2019-11-25→ Common Stock (125,000 underlying) - Award
Employee Stock Option (right to buy)
2009-11-25+25,000→ 25,000 totalExercise: $6.06Exp: 2019-11-25→ Common Stock (25,000 underlying)
Footnotes (3)
- [F1]50,000 shares of the Restricted Stock are subject to forfeiture until completion of a two-year vesting period, and 50,000 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 is November 25, 2016, subject to acceleration based upon the achievement of five performance-based milestones. Upon the achievement of each milestone, 25,000 options become exercisable immediately.
- [F3]The option is exercisable in four equal annual installments beginning on November 25, 2010.