Starling William N JR 4
4 · TRANSENTERIX, INC. · Filed Jun 10, 2020
Insider Transaction Report
Form 4
Starling William N JR
Director
Transactions
- Award
Common Stock
2020-06-08+22,500→ 27,010 total - Award
Common Stock
2020-06-08+4,510→ 4,510 total - Award
Stock Option
2020-06-08+31,250→ 31,250 totalExercise: $0.82Exp: 2027-06-08→ Common Stock (31,250 underlying)
Holdings
- 18,134(indirect: See Footnote)
Common Stock
- 22,849(indirect: See Footnote)
Common Stock
Footnotes (5)
- [F1]Represents restricted stock units. Each restricted stock unit represents the right to receive one share of the Registrant's common stock.
- [F2]The restricted stock units remain subject to forfeiture until the first anniversary of the date of grant or, if earlier, the date of the next annual meeting of stockholders, as long as the Reporting Person remains in continuous service during the vesting period.
- [F3]Shares of Common Stock held by Synecor, L.L.C. The Reporting Person is the chief executive officer of Synecor, L.L.C. The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
- [F4]Shares of Common Stock held by W. Starling and D. Starling, Trustees of the Starling Family Trust, UDT August 15, 1990.
- [F5]The stock options will vest 25% on each of September 8, 2020, December 8, 2020, March 8, 2021 and June 8, 2021, provided that if the date of the 2021 annual meeting of stockholders is earlier, the last vesting occurs on the date of the annual meeting. Subject to acceleration of vesting in full upon consummation of a change in control of the Registrant.