VBI Vaccines Inc/BC 4
4 · VBI Vaccines Inc/BC · Filed Jun 16, 2017
Insider Transaction Report
Form 4
CHAWLA SAM
Director
Transactions
- Exercise/Conversion
Restricted Stock Units (RSUs)
2017-06-14−12,500→ 25,000 totalExp: 2026-06-14→ Common Shares (12,500 underlying) - Exercise/Conversion
Common Shares, no par value per share
2017-06-14+12,500→ 25,000 total
Holdings
- 6,565,843(indirect: See Footnote)
Common Shares, no par value per share
Footnotes (3)
- [F1]Each restricted stock unit represents the right to receive, at settlement, one common share. This transaction represents the settlement of restricted stock units in common shares on their scheduled vesting date.
- [F2]These shares are held of record by Perceptive Life Sciences Master Fund Ltd. and Titan-Perc Ltd, a related entity. As a Portfolio Manager of Perceptive Advisors LLC, a related entity to Perceptive Life Sciences Master Fund Ltd. and Titan-Perc Ltd, Mr. Chawla has voting and dispositive control over any securities owned of record by Perceptive Life Sciences Master Fund Ltd. and Titan-Perc Ltd.
- [F3]The restricted stock units vest 1/3 per year over 3 years, beginning on June 14, 2017, subject to continued service through each vesting date.