4//SEC Filing
XENOPORT INC 4
Accession 0001209191-15-005988
CIK 0001130591operating
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 8:22 PM ET
Size
9.2 KB
Accession
0001209191-15-005988
Insider Transaction Report
Form 4
XENOPORT INCXNPT
Bosko Gianna M
SVP, CAO, GC and secretary
Transactions
- Award
Employee Stock Option
2015-01-07+8,500→ 8,500 totalExercise: $6.38Exp: 2024-02-24→ Common Stock (8,500 underlying) - Award
Employee Stock Option
2015-01-20+14,000→ 14,000 totalExercise: $9.03Exp: 2025-01-20→ Common Stock (14,000 underlying)
Footnotes (3)
- [F1]On February 24, 2014, the reporting person was granted a stock option to purchase 17,000 shares of common stock. The option vested as to 4,250 of the shares subject to the option upon the compensation committee's certification that certain performance criteria had been met ("Performance Critieria 2"), which certification occurred on January 7, 2015, resulting in the vesting of the option as to 4,250 shares on that date. As a result of Performance Criteria 2 being satisfied, in addition to the vesting of the option as to 4,250 shares on January 7, 2015, an additional 4,250 of the shares subject to the option will now vest on January 7, 2016, subject to continuous service. (continued on Footnote 2)
- [F2](continued) An additional 4,250 shares subject to the option would vest, if at all, upon the compensation committee's certification that certain other performance criteria have been met ("Performance Critieria 1"), which Performance Criteria 1 must be met by December 31, 2015. In the event Performance Critieria 1 is satisfied, the final 4,250 shares subject to the option would vest on the one-year anniversary of the certification date for Performance Criteria 1, subject to continuous service.
- [F3]On January 20, 2015, the reporting person was granted an option to purchase 14,000 shares of common stock of which 50% of the shares subject to the option will vest, if at all, if the daily volume-weighted average price (the "VWAP") for XenoPort's common stock is greater or equal to $11.00 per share for 30 consecutive trading days ending on or prior to December 31, 2016, and the remaining 50% of the shares subject to the option will vest, if at all, if the daily VWAP for XenoPort's common stock is greater or equal to $13.00 per share for 30 consecutive trading days ending on or prior to December 31, 2018.
Documents
Issuer
XENOPORT INC
CIK 0001130591
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001130591
Filing Metadata
- Form type
- 4
- Filed
- Jan 21, 7:00 PM ET
- Accepted
- Jan 22, 8:22 PM ET
- Size
- 9.2 KB