LIPOSCIENCE INC 4
4 · LIPOSCIENCE INC · Filed Jun 14, 2013
Insider Transaction Report
Form 4
LIPOSCIENCE INCLPDX
Young Roderick A
Director
Transactions
- Award
Stock option (right to buy)
2013-06-12+6,736→ 6,736 totalExercise: $6.68Exp: 2023-06-12→ Common Stock (6,736 underlying) - Award
Common Stock
2013-06-12+1,122→ 1,122 total
Footnotes (4)
- [F1]This security represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer.
- [F2]This grant was made pursuant to the issuer's non-employee director compensation policy. As a continuing director, the reporting person was awarded a number of restricted stock units equal to $7,500 divided by $6.68, the closing price of the issuer's common stock on the date of grant, June 12, 2013. The restricted stock unit award vests over a period of twelve months, with one-fourth of the shares underlying the award vesting on a quarterly basis, starting September 12, 2013, subject to the reporting person's continuous service with the issuer as of the applicable vesting date.
- [F3]This grant was made pursuant to the issuer's non-employee director compensation policy.
- [F4]The option vests over a period of twelve months, with one-fourth of the shares underlying the option vesting on a quarterly basis, starting September 12, 2013, subject to the reporting person's continuous service with the issuer as of the applicable vesting date.