MARKEY JOSEPH A 4
4 · VALENTIS INC · Filed May 25, 2004
Insider Transaction Report
Form 4
VALENTIS INCVLTS
MARKEY JOSEPH A
VP of Finance & Admin.
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2004-05-24+43,000→ 43,000 totalExercise: $4.80Exp: 2014-05-24→ Common Stock (43,000 underlying)
Footnotes (2)
- [F1]The option was issued for no consideration other than service as an employee.
- [F2]50% of the total number of shares subject ot this option shall vest on September 1, 2004. One twelfth(1/12) of the remaining 50% shall vest at the end of each one-month period after September 1, 2004