4//SEC Filing
Pope Todd 4
Accession 0001209191-18-041904
CIK 0000876378other
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 6:03 PM ET
Size
9.3 KB
Accession
0001209191-18-041904
Insider Transaction Report
Form 4
Pope Todd
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
2018-07-03+500,000→ 816,072 total - Exercise/Conversion
Restricted Stock Units
2018-07-03−500,000→ 1,000,000 totalExercise: $0.00→ Common Stock (500,000 underlying) - Tax Payment
Common Stock
2018-07-03$3.84/sh−224,745$863,021→ 591,327 total
Footnotes (3)
- [F1]This transaction represents the payment of a tax liability on the lapse of forfeiture restrictions on a derivative security and acquisition of the underlying shares.
- [F2]Each restricted stock unit represents a right to receive one share of TransEnterix, Inc. (the "Registrant") common stock.
- [F3]Forfeiture restrictions will lapse as to 1/3rd of the Restricted Stock Units on each of the first three anniversaries of the date of grant, as long as the Reporting Person remains in the employ of the Registrant. The lapse of forfeiture restrictions may accelerate on certain events as set forth in an employment agreement or the Incentive Plan.
Documents
Issuer
TRANSENTERIX INC.
CIK 0000876378
Entity typeother
Related Parties
1- filerCIK 0001584367
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 6:03 PM ET
- Size
- 9.3 KB