4//SEC Filing
Oncothyreon Inc. 4
Accession 0001209191-15-053861
CIK 0001412067operating
Filed
Jun 15, 8:00 PM ET
Accepted
Jun 16, 4:55 PM ET
Size
11.9 KB
Accession
0001209191-15-053861
Insider Transaction Report
Form 4
Oncothyreon Inc.ONTY
Jackson Richard L.
Director
Transactions
- Exercise/Conversion
Common Stock
2015-06-13+16,042→ 63,568 total - Tax Payment
Common Stock
2015-06-13$3.88/sh−4,011$15,563→ 59,557 total - Award
Restricted Share Unit (RSU)
2015-06-12+12,886→ 12,886 total→ Common Stock (12,886 underlying) - Exercise/Conversion
Restricted Share Unit (RSU)
2015-06-13−16,042→ 0 total→ Common Stock (16,042 underlying)
Footnotes (4)
- [F1]4,011 shares of the restricted share unit ("RSU") grant, which represent approximately 25% of the shares underlying the RSU grant that vested on June 13, 2015, were not issued to the reporting holder; instead the reporting holder received an amount in cash from the issuer equal to the value of such shares based on the closing price of the issuer's Common Stock on June 12, 2015, the most recent date prior to the vesting date on which the issuer's Common Stock was traded, to facilitate such holder's satisfaction of U.S. federal income tax 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.
- [F3]100% vests on the two-year anniversary of the Transaction Date, subject to acceleration under certain circumstances.
- [F4]The RSU was 100% vested on June 13, 2015.
Documents
Issuer
Oncothyreon Inc.
CIK 0001412067
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001412067
Filing Metadata
- Form type
- 4
- Filed
- Jun 15, 8:00 PM ET
- Accepted
- Jun 16, 4:55 PM ET
- Size
- 11.9 KB