4//SEC Filing
SCHMID HANS P 4
Accession 0001451798-09-000006
CIK 0000880771other
Filed
Mar 9, 8:00 PM ET
Accepted
Mar 10, 6:45 PM ET
Size
8.5 KB
Accession
0001451798-09-000006
Insider Transaction Report
Form 4
SCHMID HANS P
Pres & Mng Dir, SciClone Int'l
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2009-03-06+125,000→ 125,000 totalExercise: $1.08Exp: 2019-03-06→ Common Stock (125,000 underlying) - Award
Non-Qualified Stock Option (right to buy)
2009-03-06+125,000→ 125,000 totalExercise: $1.08Exp: 2019-03-06→ Common Stock (125,000 underlying)
Footnotes (3)
- [F1]Granted under the Issuer's 2005 Equity Incentive Plan.
- [F2]25% of such shares vest one year from the date of grant and 2.0833% vests each month thereafter, provided that Reporting Person continues to be employed by the Issuer.
- [F3]Provided employee remains employed by the Company, the Option will vest based on the achievement of SciClone Pharmaceuticals International Ltd. achieving annual sales of a) $75 million and b) $85 million (each such milestone triggering vesting of 50,000 and 75,000 shares, respectively) before December 31, 2011 (the "Performance-Based Option"). If the Performance-Based Option is not achieved on or before December 31, 2011, the Option will not vest and will terminate at that time.
Documents
Issuer
SCICLONE PHARMACEUTICALS INC
CIK 0000880771
Entity typeother
Related Parties
1- filerCIK 0001243764
Filing Metadata
- Form type
- 4
- Filed
- Mar 9, 8:00 PM ET
- Accepted
- Mar 10, 6:45 PM ET
- Size
- 8.5 KB