YEAGER JAMES L 4
4 · NEXMED INC · Filed Aug 14, 2003
Insider Transaction Report
Form 4
NEXMED INCNEXM
YEAGER JAMES L
DirectorSr. VP, Scientific Affairs
Transactions
- Award
Stock Options
2003-08-13+120,000→ 120,000 totalExercise: $3.77From: 2003-12-16Exp: 2013-08-13→ Common Stock (120,000 underlying)
Footnotes (1)
- [F1]On August 13, 2003, the Compensation Committee of the Board of Directors approved a stock option grant to James L. Yeager for an aggregate of 120,000 stock options, which vest in three equal installments of 40,000 options each on December 16, 2003, 2004 and 2005, respectively, assuming continuous and uninterrupted employment with the Company. The grant of the stock options is subject to the execution of the employment contract between Dr. Yeager and the Company.