Berlin Kenneth A 4
4 · Advaxis, Inc. · Filed Apr 25, 2018
Insider Transaction Report
Form 4
Advaxis, Inc.ADXS
Berlin Kenneth A
DirectorPresident & CEO
Transactions
- Award
Common Stock
2018-04-23+250,000→ 250,000 total - Award
Option
2018-04-23+750,000→ 750,000 totalExercise: $1.62From: 2018-12-31Exp: 2028-04-23→ Common stock (750,000 underlying)
Footnotes (2)
- [F1]Awarded as an inducement grant of restricted stock units pursuant to the reporting person's employment agreement dated April 23, 2018. One-third of the award will vest on December 31, 2018, one-third will vest on April 23, 2020, and the award will be fully vested on April 23, 2021.
- [F2]Awarded as an inducement grant of stock options pursuant to the reporting person's employment agreement dated April 23, 2018. One-third of the award will vest on December 31, 2018, one-third will vest on April 23, 2020, and the award will be fully vested on April 23, 2021.