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4//SEC Filing

Echo Therapeutics, Inc. 4

Accession 0001415889-13-001950

CIK 0001031927operating

Filed

Oct 1, 8:00 PM ET

Accepted

Oct 2, 2:00 PM ET

Size

8.0 KB

Accession

0001415889-13-001950

Insider Transaction Report

Form 4
Period: 2013-10-01
Transactions
  • Award

    Nonqualified Stock Option (right to buy)

    2013-10-01+1,5004,500 total
    Exercise: $2.76From: 2014-10-01Exp: 2023-10-01Common Stock (1,500 underlying)
  • Award

    Common Stock

    2013-10-01+4008,400 total
Footnotes (2)
  • [F1]The shares vest on October 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 uses 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 upon NYSE or NASDAQ upon termination of a lock-up period not to exceed one hundred and eighty (180) days; or (d) or a combination of cash and the foregoing securities.
  • [F2]The Options vest on October 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
Oct 1, 8:00 PM ET
Accepted
Oct 2, 2:00 PM ET
Size
8.0 KB