4//SEC Filing
Smith Eric A 4
Accession 0001209191-19-007897
CIK 0000876378other
Filed
Feb 5, 7:00 PM ET
Accepted
Feb 6, 8:04 PM ET
Size
8.4 KB
Accession
0001209191-19-007897
Insider Transaction Report
Form 4
Smith Eric A
Chief Commercial Officer
Transactions
- Award
Restricted Stock Units
2019-02-06+350,000→ 350,000 total→ Common Stock (350,000 underlying) - Award
Stock Option
2019-02-06+526,000→ 526,000 totalExercise: $2.47Exp: 2029-02-06→ Common Stock (526,000 underlying)
Footnotes (3)
- [F1]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 as set forth in the Incentive Plan and the Reporting Person's Employment Agreement with the Company.
- [F2]Each restricted stock unit represents the right to receive one share of the Registrant's common stock.
- [F3]Forfeiture restrictions will lapse on the restricted stock units in three substantially equal annual installments of 116,667, 116,667 and 116,666 on February 4, 2020, 2021 and 2022 as long as the Reporting Person remains in the employ of the Registrant, subject to acceleration as set forth in the Incentive Plan and the Reporting Person's Employment Agreement with the Company.
Documents
Issuer
TRANSENTERIX INC.
CIK 0000876378
Entity typeother
Related Parties
1- filerCIK 0001751486
Filing Metadata
- Form type
- 4
- Filed
- Feb 5, 7:00 PM ET
- Accepted
- Feb 6, 8:04 PM ET
- Size
- 8.4 KB