4//SEC Filing
ONCOSEC MEDICAL Inc 4
Accession 0001493152-16-015979
CIK 0001444307operating
Filed
Dec 15, 7:00 PM ET
Accepted
Dec 16, 5:28 PM ET
Size
10.9 KB
Accession
0001493152-16-015979
Insider Transaction Report
Form 4
SLANSKY RICHARD B
Chief Financial Officer
Transactions
- Disposition to Issuer
Non-qualified Stock Option (right to buy)
2016-12-14−150,000→ 0 totalExercise: $6.12Exp: 2025-07-06→ Common Stock (150,000 underlying) - Award
Employee Stock Option (right to buy)
2016-12-14+112,500→ 112,500 totalExercise: $1.29Exp: 2026-12-14→ Common Stock (112,500 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2016-12-14−75,000→ 0 totalExercise: $5.76Exp: 2025-08-21→ Common Stock (75,000 underlying)
Footnotes (6)
- [F1]These stock options were granted as Non-qualified stock options.
- [F2]These stock options are scheduled to fully vest on July 6, 2018, the third anniversary of the grant date.
- [F3]On December 14, 2016, OncoSec Medical Incorporated cancelled, pursuant to its Stock Option Exchange Program, options previously granted to and held by the reporting person to purchase 150000 shares (previously granted on July 6, 2015) and 75000 shares (previously granted on August 21, 2015) of common stock. In exchange, and subject to the terms of the Stock Option Exchange Program, the reporting person received a replacement option for 112500 shares of common stock with an exercise price of $1.29 per share.
- [F4]These stock options were granted as Incentive Stock Options only to the extent that the $100,000 dollar limitation of 26 U.S.C. ss.422(d) is not exceeded; anything beyond that is deemed a Non-qualified Stock Option.
- [F5]These stock options are scheduled to fully vest on August 21, 2018, the third anniversary of the grant date.
- [F6]The stock options granted on December 14, 2016 will vest on the following schedule: 25% on grant date; 1/36th of the remaining 75% vesting on each of the 36 subsequent monthly anniversaries of the grant date.
Documents
Issuer
ONCOSEC MEDICAL Inc
CIK 0001444307
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0001444307
Filing Metadata
- Form type
- 4
- Filed
- Dec 15, 7:00 PM ET
- Accepted
- Dec 16, 5:28 PM ET
- Size
- 10.9 KB