FRENCH J MICHAEL 4
4 · Marina Biotech, Inc. · Filed Oct 15, 2010
Insider Transaction Report
Form 4
FRENCH J MICHAEL
President and CEO
Transactions
- Award
Marina Biotech, Inc. Common Stock Options
2010-10-14$2.45/sh+79,700$195,265→ 79,700 totalExercise: $2.45Exp: 2020-10-14→ Common Stock (79,700 underlying)
Footnotes (1)
- [F1]On October 14, 2010, the reporting person was granted options to purchase 79,700 shares of common stock of Marina Biotech, Inc. The options have a term of ten years beginning on October 14, 2010. One-third of the options shall vest on the first anniversary of the grant date, one-third of the options shall vest quarterly in equal installments commencing after the first anniversary of the grant date and shall be vested in full on the second anniversary of the grant date and one-third of the options shall vest quarterly commencing after the second anniversary of the grant date and shall be vested in full on the third anniversary of the grant date.