4/A//SEC Filing
Levin Ben 4/A
Accession 0001250853-09-000059
CIK 0000799698other
Filed
Jul 7, 8:00 PM ET
Accepted
Jul 8, 1:55 PM ET
Size
8.7 KB
Accession
0001250853-09-000059
Insider Transaction Report
Form 4/AAmended
CYTRX CORPCYTR
Levin Ben
GC/VP Legal Affairs/Secy
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2009-07-01−100,000→ 0 totalExercise: $1.21Exp: 2018-04-06→ Common Stock (100,000 underlying) - Award
Stock Option (right to buy)
2009-07-01+100,000→ 100,000 totalExercise: $1.15Exp: 2018-04-06→ Common Stock (100,000 underlying)
Footnotes (1)
- [F1]The date of the vesting period of the replacement option was previously reported incorrectly as January 7, 2020. As set forth below, this amended Form 4 correctly states the January 7, 2010 date that the remaining shares under the replacement option are to begin to vest monthly, and also more clearly indicates the vesting schedule pursuant to the replacement option. The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on April 7, 2008 and provided for equal monthly vesting over three years beginning May 7, 2008. The replacement option provides vesting as to fourteen monthly installments on December 31, 2009, with the remainder to vest monthly for twenty-two months beginning January 7, 2010, provided Reporting Person remains in continuous employ of Issuer.
Documents
Issuer
CYTRX CORP
CIK 0000799698
Entity typeother
Related Parties
1- filerCIK 0001297707
Filing Metadata
- Form type
- 4/A
- Filed
- Jul 7, 8:00 PM ET
- Accepted
- Jul 8, 1:55 PM ET
- Size
- 8.7 KB