MARKEY JOSEPH A 4
4 · VALENTIS INC · Filed Aug 12, 2004
Insider Transaction Report
Form 4
VALENTIS INCVLTS
MARKEY JOSEPH A
VP of Finance & Admin.
Transactions
- Award
Incentive Stock Option (right to buy)
2004-08-10+34,701→ 34,701 totalExercise: $7.02Exp: 2014-08-10→ Common Stock (34,701 underlying) - Award
Non-Qualified Stock Option (right to buy)
2004-08-10+30,299→ 30,299 totalExercise: $7.02Exp: 2014-08-10→ Common Stock (30,299 underlying)
Footnotes (3)
- [F1]The option was issued for no consideration other than service as an employee.
- [F2](a) 11,163 shares subject to this option shall vest over twelve monthly installments at the end of each one-month period after December 10, 2005. (b) 12,704 shares subject to this option shall vest over twelve monthly installments at the end of each one-month period after December 10, 2006, and (c) The remaining 10,834 shares subject to this option shall vest over eight monthly installments at the end of each one-month period after December 10, 2007
- [F3](a) 16,250 shares subject to this option shall vest on August 10, 2005; the one-year anniversary of the date of the grant. (b )5,416 shares subject to this option shall vest over four monthly installments at the end of each one-month period after August 10, 2005. (c) 5,087 shares subject to this option shall vest over twelve monthly installments at the end of each one-month period after December 10, 2005, and (d) The remaining 3,546 shares subject to this option shall vest over twelve monthly installments at the end of each one-month period after December 10, 2006.