Stereotaxis, Inc. 4
4 · Stereotaxis, Inc. · Filed Mar 31, 2014
Insider Transaction Report
Form 4
Cheng Frank
Senior VP, Marketing and BD
Transactions
- Award
Common Stock
2014-03-27+7,400→ 60,511 total - Award
Stock Appreciation Right
2014-03-27+12,700→ 12,700 totalExercise: $4.04From: 2015-03-27Exp: 2024-03-27→ Common Stock (12,700 underlying)
Footnotes (3)
- [F1]Grant of restricted share units. Each restricted share unit represents a right to receive one share of common stock. The restricted share units vest over a four year period in equal installments of 25%, each occuring on the anniversary date of the grant.
- [F2]The stock appreciation rights vest as follows: (1) 25% vest one year after the date of the grant, and (2) the remaining 75% vest ratably per month over the next three years.
- [F3]Price is not applicable to acquisitions resulting from grants of stock appreciation rights.