Zosano Pharma Corp 4
4 · Zosano Pharma Corp · Filed May 6, 2016
Insider Transaction Report
Form 4
WALKER JOHN PETER
Director
Transactions
- Award
Stock Option (right to buy)
2016-05-04+6,813→ 6,813 totalExercise: $2.11Exp: 2026-05-04→ Common Stock (6,813 underlying) - Award
Restricted Stock Units
2016-05-04+9,478→ 9,478 total→ Common Stock (9,478 underlying)
Footnotes (3)
- [F1]The shares underlying the option vest over one year in 12 monthly installments, beginning on June 4, 2016.
- [F2]Each restricted stock unit represents a contingent right to receive one share of ZSAN common stock; vested restricted stock units are payable in the form of cash, shares of ZSAN common stock, or a combination thereof.
- [F3]The restricted stock units vest 100% on the one year anniversary of the date of grant. To the extent vested restricted stock units are paid in shares of the Issuer's common stock, such shares will be delivered to the reporting person as soon as possible after vesting.