PAULSON THOMAS J 4
4 · NovaBay Pharmaceuticals, Inc. · Filed Nov 1, 2011
Insider Transaction Report
Form 4
Transactions
- Award
Restricted Stock Unit
2011-10-27$1.09/sh+40,000$43,600→ 40,000 total - Award
Option (right to buy)
2011-10-27+56,000→ 435,100 totalExercise: $1.09From: 2012-10-27Exp: 2021-10-27→ Common Shares (56,000 underlying)
Holdings
- 7,500
Common Stock
Footnotes (2)
- [F1]Mr. Paulson was granted 40,000 shares of Restricted Stock Units (RSU). Twenty-five percent (25%) of the RSUs will vest on the first anniversary of the date of grant, and the balance shall vest in a series of three (3) equal installments upon the completion of each year beginning October 27, 2012.
- [F2]Twenty-five percent (25%) of the option shares vest and become exercisable on the first anniversary of the date of grant, and the balance of the option shares vest and become exercisable in a series of twelve (12) equal installments upon the completion of each three (3) months beginning October 27, 2012.