EnteroMedics Inc 4
4 · EnteroMedics Inc · Filed May 18, 2016
Insider Transaction Report
Form 4
EnteroMedics IncETRM
GLADNEY DAN W
DirectorChief Executive Officer
Transactions
- Purchase
Common Stock
2015-05-16$0.72/sh+84,745$61,288→ 134,745 total
Holdings
- 516,666
Stock Option (right to buy)
Exercise: $3.75From: 2016-10-28Exp: 2025-10-28→ Common Stock (516,666 underlying)
Footnotes (2)
- [F1]On January 6, 2016, EnteroMedics Inc. effected a 1-for-15 reverse stock split of its issued and outstanding shares of common stock, par value $0.01 per share, resulting in a proportional decrease in the total shares of common stock beneficially owned by the reporting person. all previously reported exercise prices, option grants and similar instruments convertible into common stock were proportionally adjusted to reflect the reverse split.
- [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.