POLISKY BARRY 4
4 · Marina Biotech, Inc. · Filed Aug 29, 2011
Insider Transaction Report
Form 4
POLISKY BARRY
Chief Scientific Officer
Transactions
- Award
Marina Biotech, Inc. Common Stock Options
2011-08-26$0.20/sh+115,000$23,000→ 115,000 totalExercise: $0.20Exp: 2021-08-26→ Common Stock (115,000 underlying)
Footnotes (1)
- [F1]On August 26,2011, the reporting person was granted options to purchase 115,000 shares of common stock of Marina Biotech, Inc. The options have a term of ten years beginning on August 26, 2011. One-third of the options shall vest on the first anniversary of the grant date, one-third of the options shall vest monthly 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 monthly commencing after the second anniversary of the grant date and shall be vested in full on the third anniversary of the grant date.