BIRNDORF HOWARD C 4
4 · Adamis Pharmaceuticals Corp · Filed Oct 10, 2019
Insider Transaction Report
Form 4
BIRNDORF HOWARD C
Director
Transactions
- Award
Stock Appreciation
2019-08-26+50,000→ 50,000 totalExercise: $0.97Exp: 2026-08-26→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]Each Stock Appreciation Right is the economic equivalent of one share of ADMP common stock and can only be settled in cash.
- [F2]The Stock Appreciation Right ("SAR") will vest with respect to 8,333 shares subject to the SAR on the six-month anniversary of the date of grant, and thereafter 1,388 shares shall vest on each monthly anniversary of the date of grant with all remaining unvested shares subject to the SAR vesting on the thirty-sixth (36th) monthly anniversary of the date of grant.