Jenkins Kimble L. 4
4 · MRI INTERVENTIONS, INC. · Filed Oct 5, 2017
Insider Transaction Report
Form 4
Jenkins Kimble L.
DirectorPres,CEO&Chairmen of the Board
Transactions
- Award
Common Stock
2017-10-04$2.47/sh+1,280$3,162→ 35,918 total - Award
Stock Options (right to buy)
2017-10-04+300,000→ 300,000 totalExercise: $2.60Exp: 2027-10-04→ Common Stock (300,000 underlying)
Footnotes (2)
- [F1]These shares were issued pursuant to the issuer's Second Amended and Restated 2013 Incentive Compensation Plan, in payment of fees owed to the reporting person under the issuer's Non-Employee Director Compensation Plan, as amended and restated. The shares were issued at a price of $2.47 per share, representing the volume-weighted average price of the issuer's common stock for the five-trading day period ended September 29, 2017.
- [F2]The shares subject to this option will vest in full on the first anniversary of the grant date, October 4, 2018.