Gallant Paul 4
4 · ORGANOVO HOLDINGS, INC. · Filed Aug 16, 2018
Insider Transaction Report
Form 4
Gallant Paul
General Manager
Transactions
- Award
Stock Option (Right to Buy)
2008-08-15+450,000→ 450,000 totalExercise: $1.14Exp: 2028-08-15→ Common Stock (450,000 underlying) - Tax Payment
Common Stock
2018-08-16$1.11/sh−9,835$10,892→ 229,969 total
Footnotes (3)
- [F1]Represents the mandatory sale of shares to satisfy the Reporting Person's tax withholding obligations, in connection with the partial vesting and settlement of restricted stock units granted in July 2016, June 2017 and May 2018, pursuant to the Reporting Person's agreement with the Issuer.
- [F2]This number does not include 1,036,667 shares of common stock underlying outstanding options held by Mr. Gallant; post-transaction Mr. Gallant beneficially owns or has a right to acquire 1,266,636 shares of common stock.
- [F3]25% of the option shares vest and become exercisable on August 15, 2019 and the remaining shares vest in 12 equal quarterly installments thereafter.