RIGBY JONATHAN 4
4 · SteadyMed Ltd. · Filed Dec 28, 2017
Insider Transaction Report
Form 4
SteadyMed Ltd.STDY
RIGBY JONATHAN
DirectorSee Remarks
Transactions
- Award
Ordinary Shares
2017-12-28+83,210→ 83,210 total - Award
Stock Option (right to buy)
2017-12-28+163,394→ 163,394 totalExercise: $3.65Exp: 2027-12-28→ Ordinary Shares (163,394 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of SteadyMed Ltd. ordinary shares.
- [F2]The restricted stock units ("RSUs")are 50% time-based and 50% performance based grants. 50% of the RSUs shall vest on June 30, 2018 and 50% shall vest upon approval by the FDA of the New Drug Application for Trevyent.
- [F3]1/3rd of the Option Shares shall vest on the first anniversary of the grant date. Thereafter, the remaining balance of the Option Shares shall vest in a series of 8 equal consecutive quarterly installments until fully vested.