Osborne Grace 4
4 · IRIS BIOTECHNOLOGIES INC · Filed Apr 13, 2009
Insider Transaction Report
Form 4
Osborne Grace
DirectorVP, Bus Dev & Human Resources
Transactions
- Discretionary Transaction
Common Stock, no par value
2009-04-08$0.50/sh+27,500$13,750→ 37,500 total - Discretionary Transaction
Common Stock, no par value
2009-04-08$1.00/sh+20,625$20,625→ 58,125 total - Discretionary Transaction
Stock Options
2009-04-08−20,625→ 129,875 totalExercise: $1.00Exp: 2016-03-27→ Common Stock, no par value (20,625 underlying) - Discretionary Transaction
Stock Options
2009-04-08−27,500→ 150,500 totalExercise: $0.50Exp: 2013-03-24→ Common Stock (27,500 underlying)
Footnotes (2)
- [F1]Stock options were granted on March 24, 2003 and are exercisable as follows: 9,167 on 3/24/2004, 9,167 on 3/24/2005 and 9,166 on 3/24/2006.
- [F2]Stock options were granted on 3/27/2006 and are exercisable in equal 6,875 installments on each of 3/27/2007, 3/27/2008 and 3/27/2009.