PALATIN TECHNOLOGIES INC 4
4 · PALATIN TECHNOLOGIES INC · Filed Jun 13, 2016
Insider Transaction Report
Form 4
Rossetti Angela
Director
Transactions
- Award
Common Stock
2016-06-09+37,500→ 120,625 total - Award
Stock Option (right to buy)
2016-06-09+37,500→ 102,500 totalExercise: $0.50From: 2016-07-31Exp: 2026-06-09→ Common Stock (37,500 underlying) - Exercise/Conversion
Common Stock
2016-06-13+20,000→ 140,625 total
Footnotes (4)
- [F1]Restricted share units granted under the 2011 Stock Incentive Plan, each of which represents the right to receive, without further payment, one share of common stock. The restricted share units vest on June 9, 2017.
- [F2]Shares issued on June 13, 2016 on vesting of restricted stock units.
- [F3]Each restricted stock unit represented the right to receive on vesting, without further payment, one share of common stock.
- [F4]The options vest at the rate of 1/12 per month on the last day of each month, starting on July 31, 2016.