BIOLASE, INC 4
4 · BIOLASE, INC · Filed Nov 14, 2016
Insider Transaction Report
Form 4
BIOLASE, INCBIOL
Flynn Harold C Jr.
DirectorPresident and CEO
Transactions
- Award
Stock Option (right to buy)
2016-11-08+1,000,000→ 2,307,903 totalExercise: $1.45Exp: 2026-11-08→ Common Stock (1,000,000 underlying) - Award
Restricted Stock Unit
2016-11-08+1,000,000→ 1,652,500 total→ Common Stock (1,000,000 underlying)
Footnotes (3)
- [F1]One-half of the stock options vest on the second anniversary of the grant date, and the remaining one-half vests ratably on a monthly basis over a two-year period commencing one month following the second anniversary of the grant date, subject to the Reporting Person's continued service with the Company through the applicable vesting dates.
- [F2]Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- [F3]The restricted stock units vest based upon specific performance criteria, subject to the Reporting Person's continued service with the Company through the applicable vesting dates.