Geffken Daniel E. 4
4 · WINDTREE THERAPEUTICS INC /DE/ · Filed Aug 29, 2023
Insider Transaction Report
Form 4
Geffken Daniel E.
Director
Transactions
- Award
Stock Option (Right to Buy)
2023-08-23+3,050→ 3,050 totalExercise: $1.21Exp: 2033-08-23→ Common Stock (3,050 underlying) - Award
Common Stock
2023-08-23+2,033→ 2,175 total
Footnotes (3)
- [F1]These shares represent restricted stock units (RSUs), which represent a contingent right to receive the equivalent number of shares of common stock. These RSUs shall vest upon the earlier of (a) the one-year anniversary of the date of grant and (b) Windtree's subsequent annual meeting of stockholders, provided that the reporting person remains in continuous service through the vesting date.
- [F2]Adjusted to reflect 1-for-50 reverse stock split effective February 24, 2023.
- [F3]The stock option shall vest upon the earlier of (a) the one-year anniversary of the date of grant and (b) Windtree's subsequent annual meeting of stockholders, provided that the reporting person remains in continuous service through the vesting date.