Toland Mark J 4
4 · Corindus Vascular Robotics, Inc. · Filed Jun 4, 2018
Insider Transaction Report
Form 4
Toland Mark J
DirectorPresident and CEO
Transactions
- Award
Non-qualified stock option (right to buy)
2018-05-31+5,183,322→ 5,183,322 totalExercise: $0.75Exp: 2028-05-31→ Common Stock (5,183,322 underlying)
Footnotes (1)
- [F1]The option shall vest on the date of certification by the Compensation Committee of the Board of the achievement of the following milestones, provided Mr. Toland is providing services to the Company or its affiliates on the date of such achievement: 25% of the option shall vest if the closing price of the Company's Common Stock meets or exceeds each of $2.15, $3.00, $3.85 and $4.75, respectively, for a period of at least twenty consecutive trading days at any time before May 31, 2021.