Powers Gregory L. 4/A
4/A · VERENIUM CORP · Filed May 19, 2010
Insider Transaction Report
Form 4/AAmended
VERENIUM CORPVRNM
Powers Gregory L.
EVP Research & Development
Transactions
- Award
Non-Qualified Stock Option (Right to Buy)
2009-11-12+12,500→ 12,500 totalExercise: $3.85Exp: 2019-11-12→ Common Stock (12,500 underlying) - Award
Non-Qualified Stock Option (Right to Buy)
2009-11-12+8,333→ 20,833 totalExercise: $3.85Exp: 2019-11-12→ Common Stock (8,333 underlying)
Footnotes (3)
- [F1]Granted in exchange for options surrendered pursuant to the Company's stock option exchange program which commenced on 10/13/2009 and terminated 11/12/2009.
- [F2]Options will vest according to the following schedule: 1,563 options vest on 11/12/2009, 8,425 options vest in equal quarterly installments beginning 1/29/2010 and ending 10/29/2012, and the remaining 2,512 options vest in equal quarterly installments beginning 1/29/2013 becoming fully vested 10/29/2014.
- [F3]50% of the options shall vest on 10/29/2015 and the remaining 50% of the options shall vest on 10/29/2017.