Abrams Jeffrey J 4
4 · Imprimis Pharmaceuticals, Inc. · Filed Apr 27, 2012
Insider Transaction Report
Form 4
Abrams Jeffrey J
Director
Transactions
- Award
Option (Right to Buy)
2012-04-01+300,000→ 311,250 totalExercise: $0.90From: 2012-04-01Exp: 2022-03-31→ Common Stock (300,000 underlying) - Award
Option (Right to Buy)
2012-04-01+125,000→ 436,250 totalExercise: $0.90From: 2012-04-01Exp: 2017-03-31→ Common Stock (125,000 underlying)
Footnotes (2)
- [F1]The stock options, granted on April 1, 2012, were granted pursuant to the Issuer's 2007 Stock Incentive and Awards Plan. Mr. Abram's options vest over a 1 year period at a strike price of $0.90, with 25,000 options vesting monthly for the next twelve month period. As of the date of this Form 3 filing, options to purchase 50,000 shares of the Issuer's common stock are exercisable, but no options have been exercised.
- [F2]The stock options, granted on April 1, 2012, were granted pursuant to the Issuer's 2007 Stock Incentive and Awards Plan. Mr. Abram's options maintain a strike price of $0.90, and vest quarterly over a one year term with the initial 31,250 options vesting on June 30, 2012, the next 31,250 options vesting on September 30, 2012, the next 31,250 options vesting on December 31, 2012 and the final 31,250 options vesting on March 31, 2013.