Lion Biotechnologies, Inc. 4
4 · Lion Biotechnologies, Inc. · Filed Dec 30, 2015
Insider Transaction Report
Form 4
HAWKINS ELMA
President & COO
Transactions
- Exercise/Conversion
Restricted Stock
2015-02-28−40,000→ 160,000 totalExercise: $0.00→ Common Stock (40,000 underlying) - Tax Payment
Common Stock
2015-02-28$8.98/sh−23,988$215,412→ 176,567 total - Award
Stock Option (right to buy)
2015-12-28+58,939→ 58,939 totalExercise: $7.58Exp: 2015-12-27→ Common Stock (58,939 underlying) - Exercise/Conversion
Common Stock
2015-02-28+40,000→ 200,555 total
Holdings
- 47,000(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]Includes 40,000 shares of restricted stock that vested on 2/28/15 and 160,000 shares of restricted stock subject to forfeiture.
- [F2]On February 5, 2014, the Reporting Person was granted 200,000 shares of restricted stock, which vested as to 40,000 shares on February 28, 2015 and will vest as to 60,000 shares on February 28, 2016 and as to 100,000 shares on February 28, 2017, provided the Reporting Person is still providing services to the Issuer on the respective dates.
- [F3]One third of the shares underlying the option shall vest on December 28, 2016; and the remaining shares shall vest in eight equal quarterly installments over the next two years after the first anniversary of the grant date of December 28, 2015, provided the Reporting Person is still providing services to the Issuer on the respective dates.