VALENTIS INC 4
4 · VALENTIS INC · Filed Jun 19, 2006
Insider Transaction Report
Form 4
VALENTIS INCVLTS
MARKEY JOSEPH A
VP of Finance & Admin.
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2006-06-15+43,750→ 43,750 totalExercise: $3.14Exp: 2016-06-15→ Common Stock (43,750 underlying) - Award
Incentive Stock Option (right to buy)
2006-06-15+26,250→ 26,250 totalExercise: $3.14Exp: 2016-06-15→ Common Stock (26,250 underlying)
Footnotes (3)
- [F1](a) 17,500 shares subject to this option shall vest over twelve monthly installments beginning after December 15, 2008, and (b) 8,750 shares subject to this option shall vest over six monthly installments beginning after December 15, 2009.
- [F2]The option was issued for no consideration other than service as an employee.
- [F3](a) 17,500 shares subject to this option shall vest on June 15, 2007; the one-year anniversary of the date of the grant. (b) 8,750 shares subject to this option shall vest over six monthly installments beginning after June 15, 2007, and (c) 17,500 shares subject to this option shall vest over twelve monthly installments beginning after December 15, 2007.