AGENUS INC 4
4 · AGENUS INC · Filed Jun 16, 2016
Insider Transaction Report
Form 4
AGENUS INCAGEN
Baysal Ozer
Chief Business Officer
Transactions
- Award
Restricted Stock Unit
2016-06-14+13,500→ 13,500 totalFrom: 2019-03-31Exp: 2019-03-31→ Common Stock (13,500 underlying) - Award
stock Option, right to buy
2016-06-14$4.16/sh+40,000$166,400→ 40,000 totalExercise: $4.16From: 2017-03-31Exp: 2026-03-31→ Common Stock (40,000 underlying)
Footnotes (2)
- [F1]Option was granted on March 31, 2016 subject to shareholder approval, which was obtained at the Company's annual shareholder meeting on June 14, 2016. Option awarded in accordance with the Agenus Inc. Amended and Restated 2009 Equity Plan, and vests over three years with one-third of the award vesting on March 31, 2017 and the balance vesting in equal quarterly installments thereafter.
- [F2]Award was granted on March 31, 2016 subject to shareholder approval, which was obtained at the Company's annual shareholder meeting on June 14, 2016. RSU awarded in accordance with the Agenus Inc. Amended and Restated 2009 Equity Incentive Plan, and is eligible to vest in a single installment on March 31, 2019 based upon Company stock price performance. Amount shown reflects the target award. The ultimate award size can range between 50% and 150% of the target based on the actual average stock price achieved.