Patel Mahesh V. 4
4 · Lipocine Inc. · Filed Dec 22, 2022
Insider Transaction Report
Form 4
Lipocine Inc.LPCN
Patel Mahesh V.
DirectorChief Executive Officer
Transactions
- Award
Stock Option (Right to Buy)
2022-12-22$0.41/sh+112,500$46,125→ 2,242,395 totalExercise: $0.41From: 2023-12-22Exp: 2032-12-22→ Common Stock (112,500 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 22, 2023, while the remaining 2/3 of the shares subject to the award will vest monthly on a prorated basis over the following two years.