TELIK INC 4
4 · TELIK INC · Filed May 25, 2011
Insider Transaction Report
Form 4
TELIK INCTELK
WICK MICHAEL M
DirectorPresident, CEO and Chairman
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2011-05-25+350,000→ 350,000 total(indirect: By Spouse)Exercise: $0.69Exp: 2021-05-25→ Common Stock (350,000 underlying) - Award
Non-Qualified Stock Option (right to buy)
2011-05-25+500,000→ 500,000 totalExercise: $0.69Exp: 2021-05-25→ Common Stock (500,000 underlying)
Footnotes (1)
- [F1]Non-statutory stock option granted pursuant to the 2011 Equity Incentive Plan. Options vest over two years; 1/24th of the shares vest monthly after the date of grant, subject to (i) continuous service with the company and (ii) acceleration of vesting upon certain terminations of employment within 12 months following specified change in control events of the company.