ALDER BIOPHARMACEUTICALS INC 4
4 · ALDER BIOPHARMACEUTICALS INC · Filed Aug 27, 2015
Insider Transaction Report
Form 4
Cleveland Paul B
Director
Transactions
- Award
Stock Option (Right to Buy)
2015-08-26+12,700→ 12,700 totalExercise: $38.54Exp: 2025-08-25→ Common Stock (12,700 underlying)
Footnotes (1)
- [F1]The shares subject to this option shall vest and become exercisable at a rate of one-third of the shares underlying the option on the one-year anniversary of August 18, 2015, the vesting commencement date, one-third of the shares underlying the option on the two-year anniversary of the vesting commencement date and one-third of the shares underlying the option on the three-year anniversary of the vesting commencement date, for so long as the recipient of the option provides continuous service to the issuer, such that the total shares underlying the option shall be fully vested on the three-year anniversary of the vesting commencement date.