Saloff David 4
4 · OXIS INTERNATIONAL INC · Filed May 30, 2012
Insider Transaction Report
Form 4
OXIS INTERNATIONAL INCOXIS.OB
Saloff David
Director
Transactions
- Award
Common Stock Option
2012-03-01$0.04/sh+26,334,193$1,053,368→ 27,650,684 totalExercise: $0.04Exp: 2022-03-01→ Common Stock (26,334,193 underlying)
Footnotes (1)
- [F1]David Saloff received a non-qualified stock option to purchase 26,334,193 shares of Common Stock under the Issuer's 2010 Equity Compensation Plan, in connection with his appointment as Chairman of the Board of Directors of the Company. One-third of the options vest and become exercisable immediately, and the balance vest in equal monthly installments during the three-year period following the date of grant. The options have a term of 10 years from the date of grant.