Melrose Glenn R 4
4 · NPS PHARMACEUTICALS INC · Filed Sep 19, 2012
Insider Transaction Report
Form 4
Melrose Glenn R
SVP, Human Resources
Transactions
- Award
Common Stock
2012-09-17$4.93/sh+22,819$112,498→ 22,819 totalExercise: $4.93Exp: 2022-09-17→ Common Stock (22,819 underlying) - Award
Restricted Stock Unit
2012-09-17+13,620→ 13,620 total
Footnotes (3)
- [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.
- [F3]Black Scholes value based on close of company's stock on September 17, 2012.