Oncothyreon Inc. 4
4 · Oncothyreon Inc. · Filed Mar 12, 2014
Insider Transaction Report
Form 4
Oncothyreon Inc.ONTY
Jackson Richard L.
Director
Transactions
- Exercise/Conversion
Common Stock
2014-03-11+19,352→ 54,408 total - Tax Payment
Common Stock
2014-03-11$3.65/sh−4,838$17,659→ 49,570 total - Exercise/Conversion
Restricted Share Unit (RSU)
2014-03-11−19,352→ 0 totalFrom: 2014-03-11Exp: 2014-03-11→ Common Stock (19,352 underlying)
Footnotes (2)
- [F1]Represents shares of Common Stock that have been withheld by the issuer to faciliate the holder's satisfaction of U.S. federal income tax withholding and remittance obligations in connection with the vesting of the RSUs, which transaction does not represent a sale by the reporting person.
- [F2]Approximately 75% of each RSU represents a contingent right to receive approximately 0.75 share of the issuer's Common Stock upon vesting and approximately 25% represents a contingent right to receive cash upon vesting, which cash will be used to facilitate such holder's satisfaction of U.S. federal income tax obligations in connection with the vesting of the RSUs.