Berholtz Randy 4
4 · INNOVUS PHARMACEUTICALS, INC. · Filed Feb 27, 2018
Insider Transaction Report
Form 4
Berholtz Randy
EVP, CORPORATE DEVELOPMENT
Transactions
- Award
Restricted Stock Units
2018-02-23$0.18/sh+500,000$89,500→ 2,675,000 totalExp: 2028-02-23→ Common Stock (500,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents the contingent right to receive, at settlement, one share of common stock.
- [F2]RSU was granted on February 23, 2018. 125,000 RSUs vest on February 23, 2019; the total remaining shares vest in eight (8) pro rata equal installments, quarterly for two (2) years thereafter, subject to continued service.
- [F3]These restricted stock units were granted pursuant to the Issuer's Amended and Restated 2016 Equity Incentive Plan.