Berholtz Randy 4
4 · INNOVUS PHARMACEUTICALS, INC. · Filed Apr 6, 2018
Insider Transaction Report
Form 4
Berholtz Randy
EVP, CORPORATE DEVELOPMENT
Transactions
- Award
Restricted Stock Units
2018-04-05$0.13/sh+1,000,000$133,600→ 3,675,000 totalExp: 2028-04-05→ Common Stock (1,000,000 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 April 5, 2018. The RSUs vest in two separate tranches of 500,000 upon the achievement of certain company milestones, subject to continued service through the achievement of the milestones.
- [F3]These restricted stock units were granted pursuant to the Issuer's Amended and Restated 2016 Equity Incentive Plan.