RESPONSE BIOMEDICAL CORP 4
4 · RESPONSE BIOMEDICAL CORP · Filed Mar 24, 2014
Insider Transaction Report
Form 4
Kinnaird-Steen Barbara
Vice President
Transactions
- Award
Stock Option (Right to Buy)
2014-03-20+44,000→ 44,000 totalExercise: $1.50Exp: 2024-03-20→ Common Stock (44,000 underlying)
Footnotes (3)
- [F1]Exercise prices shown are denominated in Canadian dollars.
- [F2]50% of the options shall vest and become exercisable on the date which is one year after the date of grant, if and only if the 2014 corporate goals as approved by the board of directors of the company are met.
- [F3]50% of the remaining options vests as follows (a) 25% of the options shall vest and become exercisable on the date which is one year after the date of grant and (b) an additional 1/48th of the remaining options initially granted will vest and be exercisable on the first day of each calendar month beginning on the first calendar month after the calendar month in which the remaining options described in preceding footnote (3)(a) vest and continuing for 35 additional consecutive calendar months until all such remaining options are vested and fully exercisable.