MARRONE BIO INNOVATIONS INC 4
4 · MARRONE BIO INNOVATIONS INC · Filed Jan 5, 2016
Insider Transaction Report
Form 4
BENOFF MICHAEL H
Director
Transactions
- Award
Restricted Stock Units
2016-01-04+33,140→ 33,140 total→ Common Stock (33,140 underlying) - Award
Restricted Stock Units
2016-01-04+8,630→ 8,630 total→ Common Stock (8,630 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Marrone Bio Innovations, Inc. common stock.
- [F2]The restricted stock units vest with respect to 1/3rd of the total shares on the first anniversary of the vesting commencement date of January 4, 2016, and with respect to 1/24th of the remaining shares subject to the grant monthly thereafter for 24 months. Vested shares will be delivered to the reporting person upon the earlier of the reporting person's separation of service with the Company or immediately prior to a change in control event.
- [F3]The restricted stock units vest with respect to 100% of the total shares subject to the grant on the date of the 2016 annual stockholder meeting. Vested shares will be delivered to the reporting person upon the earlier of the reporting person's separation of service with the Company or immediately prior to a change in control event.