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4//SEC Filing

Echo Therapeutics, Inc. 4

Accession 0001415889-13-001303

CIK 0001031927operating

Filed

Jul 1, 8:00 PM ET

Accepted

Jul 2, 4:30 PM ET

Size

8.0 KB

Accession

0001415889-13-001303

Insider Transaction Report

Form 4
Period: 2013-07-01
Transactions
  • Award

    Nonqualified Stock Option (right to buy)

    2013-07-01+1,500116,500 total
    Exercise: $2.49From: 2014-07-01Exp: 2023-07-01Common Stock (1,500 underlying)
  • Award

    Common Stock

    2013-07-01+400129,400 total
Footnotes (2)
  • [F1]The shares vest on July 1, 2014, provided, however that all unvested Restricted Shares shall immediately vest upon the sale of or substantially all of the assets of the Company of 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 sol upon 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.
  • [F2]The Options vest on July 1, 2014; provided, however, that all unvested Options 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.

Issuer

Echo Therapeutics, Inc.

CIK 0001031927

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001031927

Filing Metadata

Form type
4
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 4:30 PM ET
Size
8.0 KB