4//SEC Filing
SCHNITTKER CHRISTOPHER P. 4
Accession 0001415889-12-000111
CIK 0001031927other
Filed
Jan 30, 7:00 PM ET
Accepted
Jan 31, 4:10 PM ET
Size
6.0 KB
Accession
0001415889-12-000111
Insider Transaction Report
Form 4
Transactions
- Award
Common Stock
2012-01-27+31,250→ 31,250 total
Footnotes (1)
- [F1]In accordance with a Restricted Stock Agreement dated January 27, 2012, twenty five percent of the Shares shall vest on each of January 27, 2013, January 27, 2014, January 27, 2015 and January 27, 2016. Notwithstanding the foregoing, (i) all unvested shares shall become fully vested at any earlier time set forth in the Reporting Person's Employment or Change in Control Agreement with the Company (if any) and (ii) all unvested shares shall immediately vest upon the sale of all or substantially all of the assets of the Company or all or substantially all of the outstanding capital stock of the Company in exchange for Liquid Proceeds. As used herein, "Liquid Proceeds" shall mean (a) cash; (b) securities which can be sold immediately on NYSE or NASDAQ; (c) securities which are or will be registered such that they can be sold on NYSE or NASDAQ upon termination of a lock-up period not to exceed one hundred eighty (180) days; or (d) or a combination of cash and the foregoing securities.
Documents
Issuer
Echo Therapeutics, Inc.
CIK 0001031927
Entity typeother
Related Parties
1- filerCIK 0001127785
Filing Metadata
- Form type
- 4
- Filed
- Jan 30, 7:00 PM ET
- Accepted
- Jan 31, 4:10 PM ET
- Size
- 6.0 KB