Russell Richard E. 4
4 · Minerva Neurosciences, Inc. · Filed Dec 12, 2017
Insider Transaction Report
Form 4
Russell Richard E.
President
Transactions
- Award
Common Stock
2017-12-11+40,000→ 40,000 total - Award
Employee Stock option (Right to Buy)
2017-12-11+775,000→ 775,000 totalExercise: $6.05Exp: 2027-12-10→ Common Stock (775,000 underlying)
Footnotes (2)
- [F1]Represents shares of the Issuer's Common Stock underlying a time-based restricted stock unit award ("RSU"). The shares subject to this RSU will vest in four (4) equal annual installments commencing on the one-year anniversary of December 11, 2017, provided the Reporting Person has provided continuous service to the Issuer through the vesting date.
- [F2]This option vested as to 25% of the shares on December 11, 2018 and then in quarterly installments over 3 years thereafter.