Stereotaxis, Inc. 4
4 · Stereotaxis, Inc. · Filed Feb 9, 2015
Insider Transaction Report
Form 4
Cheng Frank
Senior VP, Marketing and BD
Transactions
- Award
Stock Appreciation Right
2015-02-06+12,700→ 12,700 totalExercise: $2.15From: 2016-02-06Exp: 2026-02-06→ Common Stock (12,700 underlying) - Award
Common Stock
2015-02-06+7,400→ 60,184 total
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 occurring 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 (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.