HeartWare International, Inc. 4
4 · HeartWare International, Inc. · Filed Feb 23, 2016
Insider Transaction Report
Form 4
LaRose Jeffrey
Chief Scientifc Officer
Transactions
- Award
Restricted Stock Unit
2016-02-19+3,000→ 11,200 totalExp: 2020-02-19→ Common Stock (3,000 underlying) - Award
Stock Option (right to buy)
2016-02-19+5,000→ 5,000 totalExercise: $33.49Exp: 2026-02-19→ Common Stock (5,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
- [F2]The restricted stock units vest in four equal annual installments commencing on the first anniversary of the date of grant subject to the reporting person's continued employment by the Company through each anniversary date. In addition, the restricted stock units will immediately vest upon a change in control (as defined in the 2012 Incentive Award Plan) or upon the reporting person's death prior to settlement.
- [F3]The stock options vest in three equal annual installments commencing on the first anniversary of the date of grant subject to the reporting person's continued employment by the Company through each anniversary date. In addition, the stock options will immediately vest upon a change in control (as defined in the 2012 Incentive Award Plan) or upon the reporting person's death prior to settlement.