4//SEC Filing
Solomon Michael Edward 4
Accession 0001209191-20-003237
CIK 0001359931other
Filed
Jan 12, 7:00 PM ET
Accepted
Jan 13, 7:15 PM ET
Size
16.1 KB
Accession
0001209191-20-003237
Insider Transaction Report
Form 4
Solomon Michael Edward
Director
Transactions
- Award
Common Stock
2020-01-10+26,500→ 26,500 total - Award
Stock Option (Right to Buy)
2020-01-09+9,537→ 9,537 totalExercise: $9.18Exp: 2028-05-24→ Common Stock (9,537 underlying) - Award
Stock Option (Right to Buy)
2020-01-09+6,676→ 6,676 totalExercise: $9.18Exp: 2028-12-31→ Common Stock (6,676 underlying) - Award
Stock Option (Right to Buy)
2020-01-09+10,491→ 10,491 totalExercise: $9.18Exp: 2029-04-28→ Common Stock (10,491 underlying) - Award
Stock Option (Right to Buy)
2020-01-09+2,861→ 2,861 totalExercise: $9.18Exp: 2028-07-11→ Common Stock (2,861 underlying)
Footnotes (10)
- [F1]The shares being reported are being issued pursuant to restricted stock unit awards ("RSUs"), each one of which represents a contingent right to receive one share of the Issuer's common stock. 50% of the shares vest on January 10, 2021 and 1/24th of the shares vest monthly thereafter. Settlement for the RSUs is deferred until the earliest to occur of (i) the Reporting Person's termination of service, (ii) death, (iii) disability and (iv) a change in control of the Issuer. In the event of a change in control of the Issuer, the RSUs will vest in full.
- [F10]Received in the Merger in exchange for a stock option to acquire 55,000 shares of ArTara Sub common stock for $1.75 per share.
- [F2]On September 23, 2019, the Issuer entered into an Agreement and Plan of Merger and Reorganization (the "Merger Agreement") as amended on November 19, 2019, with the Issuer, REM 1 Acquisition, Inc. ("Merger Sub") and ArTara Subsidiary, Inc. ("ArTara Sub"). On January 9, 2020 (the "Effective Time"), Merger Sub was merged with and into ArTara Sub, with ArTara Sub surviving as a wholly owned subsidiary of the Issuer.
- [F3]1/48th of the shares subject to the option shall vest monthly following June 1, 2018, for so long as the Reporting Person provides continuous service to the Issuer.
- [F4]Received in the Merger in exchange for a stock option to acquire 50,000 shares of ArTara Sub common stock for $1.75 per share.
- [F5]1/48th of the shares subject to the option shall vest monthly following August 1, 2018, for so long as the Reporting Person provides continuous service to the Issuer.
- [F6]Received in the Merger in exchange for a stock option to acquire 15,000 shares of ArTara Sub common stock for $1.75 per share.
- [F7]1/48th of the shares subject to the option shall vest monthly following January 1, 2019, for so long as the Reporting Person provides continuous service to the Issuer.
- [F8]Received in the Merger in exchange for a stock option to acquire 35,000 shares of ArTara Sub common stock for $1.75 per share.
- [F9]1/48th of the shares subject to the option shall vest monthly following April 29, 2019, for so long as the Reporting Person provides continuous service to the Issuer.
Documents
Issuer
ArTara Therapeutics, Inc.
CIK 0001359931
Entity typeother
Related Parties
1- filerCIK 0001799320
Filing Metadata
- Form type
- 4
- Filed
- Jan 12, 7:00 PM ET
- Accepted
- Jan 13, 7:15 PM ET
- Size
- 16.1 KB