STEINER ERIK 4
4 · Biodel Inc · Filed Dec 17, 2009
Insider Transaction Report
Form 4
Biodel IncBIOD
STEINER ERIK
Vice-President, Operations
Transactions
- Award
Restricted Stock Units
2009-12-15+5,000→ 5,000 total→ Common Stock (5,000 underlying) - Award
Stock Option (Right to buy)
2009-12-15+20,501→ 20,501 totalExercise: $3.71Exp: 2017-12-14→ Common Stock (20,501 underlying)
Footnotes (3)
- [F1]This option becomes exercisable in four equal annual installments beginning on December 15, 2010.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Biodel Inc. common stock.
- [F3]The restricted stock units vest in four equal annual installments beginning December 15, 2010. Vested shares will be delivered to the reporting person on a date to be determined by the issuer between January 1 and March 15 of the year following the year in which portions of the restricted stock unit vests.