VALENTIS INC 4
4 · VALENTIS INC · Filed Aug 12, 2004
Insider Transaction Report
Form 4
VALENTIS INCVLTS
REDDINGTON JOHN J
Chief Operating Officer
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2004-08-10+41,533→ 41,533 totalExercise: $7.02Exp: 2014-08-10→ Common Stock (41,533 underlying) - Award
Incentive Stock Option (right to buy)
2004-08-10+33,467→ 33,467 totalExercise: $7.02Exp: 2014-08-10→ Common Stock (33,467 underlying)
Footnotes (3)
- [F1]The option was issued for no consideration other than service as an employee.
- [F2](a) 9,230 shares subject to this option shall vest over twelve monthly installments at the end of each one-month period after December 10, 2005. (b) 11,737 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 12,500 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) 18,750 shares subject to this option shall vest on August 10, 2005; the one-year anniversary of the date of the grant. (b) 6,250 shares subject to this option shall vest over four monthly installments at the end of each one-month period after August 10, 2005. (c 9,520 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 7,013 shares subject to this option shall vest over twelve monthly installments at the end of each one-month period after December 10, 2006.