4//SEC Filing
MOONEY PATRICK T 4
Accession 0001415889-12-001559
CIK 0001031927other
Filed
Oct 25, 8:00 PM ET
Accepted
Oct 26, 5:00 PM ET
Size
5.9 KB
Accession
0001415889-12-001559
Insider Transaction Report
Form 4
MOONEY PATRICK T
DirectorCEO and President
Transactions
- Award
Common Stock
2012-10-24+150,000→ 2,025,000 total
Footnotes (1)
- [F1]In accordance with a Restricted Stock Agreement dated October 24, 2012, 25% of the Shares shall vest on each of July 24, 2013, July 24, 2014, July 24, 2015 and July 24, 2016. Notwithstanding the foregoing: (i) all unvested shares 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) or (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 0001278255
Filing Metadata
- Form type
- 4
- Filed
- Oct 25, 8:00 PM ET
- Accepted
- Oct 26, 5:00 PM ET
- Size
- 5.9 KB