Cox Russell J. 4
4 · VITAL THERAPIES INC · Filed Jan 4, 2018
Insider Transaction Report
Form 4
Cox Russell J.
DirectorChief Executive Officer
Transactions
- Award
Non-Qualifed Stock Option (right to buy)
2018-01-03+1,588,832→ 1,588,832 totalExercise: $6.30Exp: 2028-01-02→ Common Stock (1,588,832 underlying)
Footnotes (1)
- [F1]Twenty five (25%) of the shares of common stock subject to the option shall vest one year from January 3, 2018, and thereafter, one forty-eighth (1/48th) of the shares of common stock subject to the option shall vest monthly, such that all of the shares of common stock subject to the option are vested by January 3, 2022, subject to the reporting person's continuing to be a Service Provider (as defined in the Amended & Restated 2017 Inducement Equity Incentive Plan (the "Plan)) through each vesting date; provided, that, the unvested portion of the option, if any, that would vest during the 12-month period following his termination date had he remained employed by the Issuer through such date shall vest in the event of a termination without cause following a Change in Control (as defined in the Plan).