Ho Richard Theodore 4
4 · Marina Biotech, Inc. · Filed Sep 7, 2011
Insider Transaction Report
Form 4
Ho Richard Theodore
Executive V.P. R&D
Transactions
- Award
Marina Biotech, Inc. Common Stock Options
2011-09-02$0.21/sh+300,000$63,000→ 300,000 totalExercise: $0.21Exp: 2021-09-02→ Common Stock (300,000 underlying)
Footnotes (1)
- [F1]On September 2, 2011, the reporting person received a grant of options to purchase 300,000 shares of common stock of the Company. With respect to these options: (A) 100,000 options shall vest and be exercisable on September 2, 2012 (B) 25,000 options shall vest and be exercisable on each of December 1, 2012, March 1, 2013, June 1, 2013 and September 1, 2013 (for an aggregate 100,000 options during such period) and (C) 25,000 options shall vest and be exercisable on each of December 1, 2013, March 1, 2014, June 1, 2014 and September 1, 2014 (for an aggregate 100,000 options during such period).