Smith Eric A 4
4 · TRANSENTERIX INC. · Filed Nov 2, 2018
Insider Transaction Report
Form 4
Smith Eric A
Chief Commercial Officer
Transactions
- Award
Restricted Stock Units
2018-10-31+50,000→ 50,000 totalExercise: $0.00→ Common Stock (50,000 underlying) - Award
Stock Options
2018-10-31+100,000→ 100,000 totalExercise: $3.27Exp: 2028-10-31→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]Forfeiture restrictions will lapse on the restricted stock units in three installments of 16,666, 16,666 and 16,668 on each of July 3, 2019, 2020 and 2021, as long as the reporting person continues to provide services to the Registrant, subject to acceleration as set forth in the Incentive Plan.
- [F2]Vests 25% on the first anniversary of the date of grant and 1/48th of the entire award monthly on the vesting date anniversary for 36 months, subject to acceleration of vesting based on achievement of designated performance goals.