COTTRELL SANDRA 4
4 · NPS PHARMACEUTICALS INC · Filed Feb 9, 2012
Insider Transaction Report
Form 4
SANDRA COTTRELL
VP, Reg. Affairs & Drug Safety
Transactions
- Award
Common Stock
2012-02-07+7,600→ 7,600 total - Award
Stock Option
2012-02-07+13,400→ 13,400 totalExercise: $8.21Exp: 2022-02-07→ Common Stock (13,400 underlying)
Footnotes (2)
- [F1]Restricted Stock Units awarded under the 2005 Omnibus Incentive Plan that will be settled in NPS Common Stock as follows: (i) one third will vest on the first anniversary of date of grant, one third on the second anniversary of date of grant, and one third on the third anniversary of date of grant.
- [F2]Stock options granted under the 2005 Omnibus Incentive Plan. The options become exercisable based on the following vesting schedule: 25% on the first anniversary of the grant and 6.25% every three months thereafter.