Vanda Pharmaceuticals Inc. 4
4 · Vanda Pharmaceuticals Inc. · Filed Feb 17, 2016
Insider Transaction Report
Form 4
Baroldi Paolo
SVP & Chief Medical Officer
Transactions
- Award
Restricted Stock Unit
2016-02-12+30,000→ 30,000 total→ Common Stock (30,000 underlying) - Award
Employee Stock Option (Right to Buy)
2016-02-12+70,000→ 70,000 totalExercise: $7.94Exp: 2026-02-11→ Common Stock (70,000 underlying)
Footnotes (4)
- [F1]The shares subject to this option shall vest in forty-eight (48) equal monthly installments beginning March 12, 2016, provided Reporting Person remains continuously employed by the Issuer through each monthly vesting date.
- [F2]Each Restricted Stock Unit ("RSU") represents a contingent right to receive a share of the Issuer's common stock.
- [F3]The RSUs shall vest in four (4) equal annual installments beginning January 1, 2017, provided Reporting Person remains continuously employed by the Issuer through each annual vesting date. Vested shares will be delivered on the First Permissable Trading Day (as defined in the RSU Agreement) that occurs on or after the day when the RSUs vest.
- [F4]Not Applicable.