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4//SEC Filing

LIU VIVIAN H 4

Accession 0001415889-18-000328

CIK 0001411879other

Filed

Feb 26, 7:00 PM ET

Accepted

Feb 27, 3:02 PM ET

Size

8.3 KB

Accession

0001415889-18-000328

Insider Transaction Report

Form 4
Period: 2018-02-23
LIU VIVIAN H
Director
Transactions
  • Award

    Restricted Stock Units

    2018-02-23$0.18/sh+500,000$89,5002,218,158 total
    Exp: 2028-02-23Common Stock (500,000 underlying)
  • Award

    Restricted Stock Units

    2018-02-23$0.08/sh+35,928$3,0001,718,158 total
    From: 2018-02-23Exp: 2028-02-23Common Stock (35,928 underlying)
Footnotes (4)
  • [F1]Each restricted stock unit represents the contingent right to receive, at settlement, one share of common stock.
  • [F2]The Reporting Person was granted a Restricted Stock Unit on February 23, 2018 of 35,928 shares, which were fully vested on the date of the grant. The RSU is for the Reporting Person's quarterly compensation as a member of the Board of Directors for the fourth quarter of 2017 and was valued on December 31, 2017 in accordance with the approved compensation plan for the non-employee members of the Board of Directors.
  • [F3]These restricted stock units were granted pursuant to the Issuer's Amended and Restated 2016 Equity Incentive Plan.
  • [F4]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.

Issuer

INNOVUS PHARMACEUTICALS, INC.

CIK 0001411879

Entity typeother

Related Parties

1
  • filerCIK 0001203467

Filing Metadata

Form type
4
Filed
Feb 26, 7:00 PM ET
Accepted
Feb 27, 3:02 PM ET
Size
8.3 KB