Lawrence Ira D 4
4 · SCICLONE PHARMACEUTICALS INC · Filed Jun 3, 2005
Insider Transaction Report
Form 4
Lawrence Ira D
Director
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2005-06-01+400,000→ 400,000 totalExercise: $2.97Exp: 2015-06-01→ Common Stock (400,000 underlying)
Footnotes (3)
- [F1]Granted under the Issuer's 2004 Stock Option Plan.
- [F2]Provided the reporting person remains employed by the Company, the option will become exercisable in four equal annual installments on 6/01/06, 6/01/07, 6/01/08 and 6/01/09.
- [F3]Provided the reporting person remains employed by the Company, the option will become exercisable in four equal installments upon the attainment of certain stock trading price goals and each such installment will terminate if the goal is not attained during the requisite periods ending 6/01/08, 6/01/09, 6/01/10 and 6/01/11.