Potter Stephen W 4
4 · APPLIED GENETIC TECHNOLOGIES CORP · Filed Aug 19, 2019
Insider Transaction Report
Form 4
Potter Stephen W
See Remarks
Transactions
- Award
Common Stock
2019-08-15+39,000→ 40,400 total - Award
Stock Option (right to buy)
2019-08-15+52,000→ 52,000 totalExercise: $3.00Exp: 2029-08-15→ Common Stock (52,000 underlying)
Footnotes (2)
- [F1]Represents a grant of restricted stock units ("RSUs") under the Applied Genetic Technologies Corporation ("AGTC") 2013 Equity and Incentive Plan. Each RSU represents the contingent right to receive, upon vesting of the unit, one share of AGTC common stock. The RSUs vest annually over two years beginning on the date of grant, with all such vesting contingent on the achievement of the average of the closing price per share of AGTC common stock, as quoted on the Nasdaq Global Market, over a consecutive, 30 trading day period reaching or exceeding $3.75 per share.
- [F2]The option becomes exercisable in equal monthly installments over four years from the date of grant.