VIVEVE MEDICAL, INC. 4
4 · VIVEVE MEDICAL, INC. · Filed Dec 22, 2015
Insider Transaction Report
Form 4
VIVEVE MEDICAL, INC.VIVMF
Robbins Jim B
Vice President of Finance
Transactions
- Award
Warrant to Purchase Common Stock
2015-02-17+43,024→ 58,024 totalExercise: $0.50From: 2015-02-17Exp: 2025-02-17→ Common Stock (43,024 underlying)
Holdings
- 310,000
Incentive Stock Options (Right to Purchase)
→ Common Stock
Footnotes (5)
- [F1]The warrant was issued to the Reporting Person as bonus compensation.
- [F2]The Reporting Person received an option to purchase 116,000 shares of the Issuer's common stock on September 26, 2014 (the "2014 Option") and a second option to purchase 194,000 shares of the Issuer's common stock on December 16, 2015 (the "2015 Option"). The exercise price of the 2014 Option is $0.60 per share; the exercise price of the 2015 Option is $0.75 per share.
- [F3]The 2014 Option vests as follows: the right to purchase 1/4 of the option shares vested on June 30, 2015 and the right to purchase the remainder vests in increments of 1/48th per month thereafter. The 2015 Option vests over a period of four years beginning on the grant date in increments of 1/48th per month.
- [F4]The expiration date of the 2014 Option is September 26, 2024; the expiration date of the 2015 Option is December 16, 2025.
- [F5]The number of shares of common stock underlying the 2014 Option is 116,000 shares; the number of shares of common stock underlying the 2015 Option is 194,000 shares.