RUBINFELD JOSEPH 4
4 · CYTRX CORP · Filed Jul 6, 2009
Insider Transaction Report
Form 4
CYTRX CORPCYTR
RUBINFELD JOSEPH
DirectorOther
Transactions
- Award
Stock Option (right to buy)
2009-07-01+350,000→ 350,000 totalExercise: $0.35Exp: 2018-12-01→ Common Stock (350,000 underlying) - Award
Stock Option (right to buy)
2009-07-01+50,000→ 50,000 totalExercise: $1.15From: 2009-07-01Exp: 2019-06-30→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]The option grant was approved by the board of directors on December 2, 2008, subject to shareholder approval of our 2008 Stock Incentive Plan under which the option was granted. Our shareholders approved the 2008 Stock Incentive Plan on July 1, 2009.
- [F2]The option vested immediately as to 50,000 shares on July 1, 2009. The option will vest as to the remaining shares in annual increments of 100,000 each on December 2, 2010, 2011 and 2012, provided Reporting Person remains in continuous service of Issuer.