Desai Meera J. 4
4 · Adamis Pharmaceuticals Corp · Filed Oct 6, 2021
Insider Transaction Report
Form 4
Desai Meera J.
Director
Transactions
- Award
Stock Appreciation Right
2021-10-01+50,000→ 50,000 totalExercise: $1.01Exp: 2028-10-01→ 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 1/6 of the shares subject to the SAR on the six-month anniversary of the date of grant, and thereafter with respect to 1/36 of the shares 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.