Regulus Therapeutics Inc. 4
4 · Regulus Therapeutics Inc. · Filed Oct 22, 2014
Insider Transaction Report
Form 4
GRINT PAUL C
Chief Medical Officer
Transactions
- Award
Stock Option (Right to Buy)
2014-10-20+40,000→ 40,000 totalExercise: $7.58Exp: 2024-06-15→ Common Stock (40,000 underlying)
Footnotes (1)
- [F1]On June 16, 2014, the reporting person was granted an option to purchase 100,000 shares of common stock which vest upon achievement of certain performance criteria: 40% of the shares commence vesting upon achievement of the first goal, 30% of the shares commence vesting upon achievement of the second goal and 30% of the shares commence vesting upon achievement of the third goal, in each case, upon achievement of each goal, 50% of the shares shall immediately vest and the remaining shares shall vest in equal monthly installments over the two years following the vesting commencement date. On October 20, 2014 performance criteria for the first goal were met, resulting in the commencement of vesting of 40,000 shares.