Benedict Larry 4
4 · ALDER BIOPHARMACEUTICALS INC · Filed Feb 8, 2019
Insider Transaction Report
Form 4
Benedict Larry
Sr. VP Finance
Transactions
- Award
Common Stock
2018-05-31$9.35/sh+1,319$12,333→ 33,453 total - Award
Common Stock
2018-11-30$9.35/sh+954$8,920→ 34,407 total - Award
Stock Option (Right to Buy)
2019-02-06+100,000→ 100,000 totalExercise: $14.00Exp: 2029-02-05→ Common Stock (100,000 underlying)
Footnotes (3)
- [F1]The shares were acquired under the Issuer's 2014 Employee Stock Purchase Plan on May 31, 2018 in a transaction exempt under Rule 16b-3(c).
- [F2]The shares were acquired under the Issuer's 2014 Employee Stock Purchase Plan on November 30, 2018 in a transaction exempt under Rule 16b-3(c).
- [F3]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 January 1, 2019 (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.