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GESUNDHEIT NEIL 4

Accession 0001255442-05-000002

CIK 0000881524other

Filed

Jan 13, 7:00 PM ET

Accepted

Jan 14, 11:30 AM ET

Size

7.6 KB

Accession

0001255442-05-000002

Insider Transaction Report

Form 4
Period: 2005-01-14
GESUNDHEIT NEIL
VP, Chief Medical Officer
Transactions
  • Exercise/Conversion

    Non-Qualified Stock Option (right to buy)

    2005-01-138,6650 total
    Exercise: $2.94Exp: 2005-01-17Common Stock (8,665 underlying)
  • Exercise/Conversion

    Common Stock

    2005-01-13$2.94/sh+8,665$25,453127,653 total
Footnotes (2)
  • [F1]There is no sale price. This is an exercise of stock options (buy & hold).
  • [F2]On October 19, 1998, VIVUS, Inc. repriced certain of its outstanding options to purchase its Common Stock. The reported transaction reports the grant of the repriced option (the "Repriced Option") upon cancellation of the original option (the "Original Option"). Twenty-five percent (25%) of the shares subject to the Original Option become exercisable on the first anniversary of the date of grant and one forty-eighth (1/48th) of such shares became exercisable each month thereafter. The Repriced Option is subject to the same vesting schedule as the Original Option; provided, however, the Repriced Option cannot be exercised in the first six months following the date of repricing.

Issuer

VIVUS INC

CIK 0000881524

Entity typeother

Related Parties

1
  • filerCIK 0001251619

Filing Metadata

Form type
4
Filed
Jan 13, 7:00 PM ET
Accepted
Jan 14, 11:30 AM ET
Size
7.6 KB