Grimes D Jeffery 4
4 · ARADIGM CORP · Filed Mar 12, 2010
Insider Transaction Report
Form 4
ARADIGM CORPARDM
Grimes D Jeffery
VP Legal Affairs, Secretary
Transactions
- Sale
Common Stock
2009-10-14$0.18/sh−13,803$2,526→ 351,012 total - Sale
Common Stock
2010-01-08$0.17/sh−6,350$1,080→ 344,662 total
Footnotes (4)
- [F1]Represents shares sold to cover taxes upon vesting and release of shares issued pursuant to a Restricted Stock Award dated October 11, 2007 which vested in full on October 11, 2009.
- [F2]Amount reported includes shares subject to unvested Restricted Stock Awards.
- [F3]Includes 1 share acquired by the reporting person pursuant to the issuer's Employee Stock Purchase Plan on 9/30/2009 at a prices of $0.12 per share, 62,501 shares acquired by the reporting person pursuant to the issuer's Employee Stock Purchase Plan on 3/31/2009 at a prices of $0.12 per share, and 21,420 shares acquired by the reporting person pursuant to the issuer's Employee Stock Purchase Plan on 9/30/2008 at a prices of $0.33 per share
- [F4]Represents shares sold to cover taxes upon partial vesting and release of a Restricted Stock Award dated January 21, 2009 which vests as to 50% of the shares on January 1, 2010 and 50% of the shares on January 1, 2011