OXIGENE INC 4
4 · OXIGENE INC · Filed May 29, 2015
Insider Transaction Report
Form 4
OXIGENE INCOXGN
Schwieterman William D
Director
Transactions
- Award
Employee Stock Option (Right to Buy)
2015-05-28+75,000→ 75,000 totalExercise: $1.43Exp: 2025-05-28→ Common Stock (75,000 underlying) - Award
Employee Stock Option (Right to Buy)
2015-05-28+300,000→ 300,000 totalExercise: $1.43Exp: 2025-05-28→ Common Stock (300,000 underlying)
Footnotes (3)
- [F1]Dr. Schwieterman was awarded options to purchase OXiGENE, Inc. common stock, $0.01 par value per share (the "Stock Options") pursuant to the OXiGENE, Inc. 2015 Equity Incentive Plan in connection with his service as President and Chief Executive Officer.
- [F2]The Stock Options will vest upon the occurrence of a change of control (as such term is defined in Dr. Schwieterman's Employment Agreement with OXiGENE, Inc., dated May 12, 2015) and the value of OXiGENE, Inc.'s common stock in connection with such change of control is at least $15.00 per share, as adjusted for stock splits, if any.
- [F3]25% of the Stock Options will vest on the first anniversary of the date of grant and the remainder will vest in 36 substantially equal monthly installments beginning one year and one month after the grant date.