Mojdehbakhsh Ramin 4
4 · Unilife Corp · Filed Feb 7, 2011
Insider Transaction Report
Form 4
Unilife CorpUNIS
Mojdehbakhsh Ramin
See Remarks
Transactions
- Award
Common Stock
2011-02-07+120,000→ 120,000 total - Award
Stock Option (Right to Buy)
2011-02-07+300,000→ 300,000 totalExercise: $4.85Exp: 2021-02-07→ Common Stock (300,000 underlying)
Footnotes (3)
- [F1]20,000 shares will vest on the third trading day after the release of earnings for the fiscal quarter which includes the first anniversary of the grant date. 20,000 shares will vest on the third trading day after the release of earnings for the fiscal quarter which includes the second anniversary of the grant date. 40,000 shares will vest on the third trading day after the release of earnings for the fiscal quarter which includes the third anniversary of the grant date. 20,000 shares will vest upon signing of first new Supply Agreement for the Unifill syringe with a pharmaceutical company other than sanofi-aventis or its affiliates. 20,000 shares will vest upon signing of a second new Supply Agreement for the Unifill syringe with a pharmaceutical company other than sanofi-aventis or its affiliates.
- [F2]Not applicable
- [F3]The options to purchase common stock will vest in eight equal tranches upon meeting substantial operational and product milestones to enhance shareholder value to be determined by the Compensation Committee of the Board of Directors.