Baxter Jeff 4
4 · VBI Vaccines Inc/BC · Filed Jun 18, 2018
Insider Transaction Report
Form 4
Baxter Jeff
DirectorCEO, President
Transactions
- Exercise/Conversion
Common Shares, no par value per share
2018-06-14+31,250→ 194,605 total - Exercise/Conversion
Restricted Stock Units (RSUs)
2018-06-14−31,250→ 31,250 total→ Common Shares (31,250 underlying)
Footnotes (2)
- [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]The restricted stock units vest 1/3 per year annually over 3 years, beginning on June 14, 2017, subject to continued service through each vesting date.