BROWN MORGAN R 4
4 · Lipocine Inc. · Filed Dec 8, 2021
Insider Transaction Report
Form 4
Lipocine Inc.LPCN
BROWN MORGAN R
EVP and CFO
Transactions
- Award
Stock Option (Right to Buy)
2021-12-07$1.12/sh+176,000$197,120→ 176,000 totalExercise: $1.12From: 2022-12-07Exp: 2031-12-07→ Common Stock (176,000 underlying)
Footnotes (1)
- [F1]Subject to vesting whereby 1/3 of the shares subject to the award will vest on the one year anniversary of December 7, 2022, while the remaining 2/3 of the shares subject to the award will vest monthly on a prorate basis over the following two years.