SyntheMed, Inc. 4
4 · SyntheMed, Inc. · Filed Apr 25, 2007
Insider Transaction Report
Form 4
SyntheMed, Inc.symd
PINE ELI
VP, CSO
Transactions
- Award
Employee Stock Option (right to buy)
2007-04-23+50,000→ 50,000 totalExercise: $0.80From: 2007-04-23Exp: 2017-02-16→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]On February 16, 2007, the reporting person was granted an option to purchase up to 100,000 shares of common stock, exercisable at fair market value on the date of grant. The option vests in installments based on satisfaction of certain performance criteria at various times through December 31, 2007. The initial performance criterion, acceptance by the FDA of the issuer's PMA application, has been satisfied, resulting in vesting of the option as to 50,000 shares.