QLT INC/BC 4
4 · QLT INC/BC · Filed Nov 25, 2013
Insider Transaction Report
Form 4
QLT INC/BCQLTI
Lussow Alexander R
Sr. VP, Bus. Dev. & Comm. Op.
Transactions
- Award
Stock option (right to buy)
2013-11-22−100,000→ 100,000 totalExercise: $5.11Exp: 2023-11-22→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]Option exercise price reflects the conversion of Canadian dollars to U.S. dollars based on the exchange rate in effect as of the date of grant. The option exercise price is CAD $5.38 per share, which was the closing price of the Issuer's common stock on the Toronto Stock Exchange as of the date of grant.
- [F2]The options vest and become exercisable in six (6) successive and equal monthly installments beginning on the one-month anniversary of the date of grant (or December 22, 2013), such that 100% of the options will be fully vested on May 22, 2014.