Lavelle Erin 4
4 · ALDER BIOPHARMACEUTICALS INC · Filed Apr 18, 2018
Insider Transaction Report
Form 4
Lavelle Erin
Chief Commercial Officer
Transactions
- Award
Stock Option (Right to Buy)
2018-04-16+300,000→ 300,000 totalExercise: $14.55Exp: 2028-04-15→ Common Stock (300,000 underlying)
Footnotes (1)
- [F1]The shares subject to this option shall vest and become exercisable at a rate of 25% of the total number of shares on the one-year anniversary of April 16, 2018 (the "Vesting Commencement Date") and 1/48th of the total number of shares each monthly anniversary of the Vesting Commencement Date thereafter, for so long as the Reporting Person provides continuous service to the Issuer, such that the total number of shares shall be fully vested on the four-year anniversary of the Vesting Commencement Date.