4//SEC Filing
INSITE VISION INC 4
Accession 0001209191-15-078372
CIK 0000802724operating
Filed
Nov 3, 7:00 PM ET
Accepted
Nov 4, 3:55 PM ET
Size
21.8 KB
Accession
0001209191-15-078372
Insider Transaction Report
Form 4
Hosseini Kamran
VP, Clinical Affairs & CMO
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2015-11-02−40,000→ 0 totalExercise: $0.60From: 2009-03-24Exp: 2018-03-24→ Common Stock (40,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2015-11-02$0.35/sh−300,000$105,000→ 0 totalExercise: $0.20From: 2010-02-17Exp: 2019-02-17→ Common Stock (300,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2015-11-02−250,000→ 0 totalExercise: $0.50From: 2013-01-27Exp: 2022-01-27→ Common Stock (250,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2015-11-02$0.35/sh−325,000$113,750→ 0 totalExercise: $0.29From: 2015-01-07Exp: 2024-01-07→ Common Stock (325,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2015-11-02−300,000→ 0 totalExercise: $0.42From: 2011-04-01Exp: 2020-04-01→ Common Stock (300,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2015-11-02$0.35/sh−325,000$113,750→ 0 totalExercise: $0.32From: 2014-01-24Exp: 2023-01-24→ Common Stock (325,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2015-11-02$0.35/sh−325,000$113,750→ 0 totalExercise: $0.21From: 2016-01-28Exp: 2025-01-28→ Common Stock (325,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2015-11-02−250,000→ 0 totalExercise: $0.36From: 2012-01-21Exp: 2021-01-21→ Common Stock (250,000 underlying)
Footnotes (3)
- [F1]The option is scheduled to vest as to 25% of the shares covered by the option on the first anniversary of the grant date and as to the remaining 75% of the shares on a daily basis over the three-year period thereafter.
- [F2]In accordance with the terms of the Agreement and Plan of Merger, dated September 15, 2015, as amended and restated, by and among Thea Acquisition Corp ("Purchaser"), Ranbaxy, Inc. and InSite Vision Incorporated ("Issuer") pursuant to which Purchaser was merged with and into Issuer (the "Merger"), this stock option was cancelled at the effective time of the Merger without consideration because the exercise price of the stock option equaled or exceeded $0.35 per share.
- [F3]This option was cancelled in connection with the Merger in exchange for a cash payment per share equal to the difference between $0.35 and the exercise price of the option.
Documents
Issuer
INSITE VISION INC
CIK 0000802724
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000802724
Filing Metadata
- Form type
- 4
- Filed
- Nov 3, 7:00 PM ET
- Accepted
- Nov 4, 3:55 PM ET
- Size
- 21.8 KB