EnteroMedics Inc 4
4 · EnteroMedics Inc · Filed Nov 16, 2015
Insider Transaction Report
Form 4
EnteroMedics IncETRM
GLADNEY DAN W
DirectorChief Executive Officer
Transactions
- Purchase
Common Stock
2015-11-12$0.18/sh+750,000$135,000→ 750,000 total
Holdings
- 7,750,000
Stock Option (right to buy)
Exercise: $0.25From: 2016-10-28Exp: 2025-10-28→ Common Stock (7,750,000 underlying)
Footnotes (2)
- [F1]The price reported is the weighted average purchase price for the transaction reported. The purchase prices ranged from $0.175 to $0.181. The Reporting Person will provide to the issuer, a security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares purchased at each price within the range.
- [F2]Vests as to 25% one year from the date of the employment agreement on the date noted and thereafter in cumulative installments of 1/36th per month.