Titus Gary 4
4 · SCICLONE PHARMACEUTICALS INC · Filed May 16, 2012
Insider Transaction Report
Form 4
Titus Gary
Senior VP Finance & CFO
Transactions
- Exercise/Conversion
Common Stock
2012-05-14+9,357→ 36,834 total - Exercise/Conversion
Restricted Stock Unit
2012-05-14−9,357→ 28,070 total→ Common Stock (9,357 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- [F2]This restricted stock unit award vests in equal annual installments over four years with the first installment vesting on April 5, 2012, unless the trading window is closed for the Reporting Person on that date, in which case the vesting date will be deferred until the next date that the trading window is open. Because the trading window was closed on April 5, 2012, the vesting date of the first installment was May 14, 2012.