BIO-PATH HOLDINGS INC 4
4 · BIO-PATH HOLDINGS INC · Filed Apr 7, 2016
Insider Transaction Report
Form 4
Garrison Michael J.
Director
Transactions
- Award
Common Stock Option (right to buy)
2016-04-05+25,000→ 25,000 totalExercise: $2.75Exp: 2026-04-05→ Common Stock (25,000 underlying)
Holdings
- 75,000(indirect: By LLC)
Common Stock
- 673,333(indirect: By LLC)
Common Stock
- 160,000
Common Stock
Footnotes (3)
- [F1]The reporting person inadvertently reported holdings of 673,334 shares in prior reports.
- [F2]The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for the purposes of Section 16 or for any other purpose.
- [F3]This option vests over a four-year period, with one-fourth (1/4) of the 25,000 shares vesting on the first anniversary of April 5, 2016 and the remaining shares vesting thereafter in equal monthly increments equal to one-forty-eighth (1/48) of the 25,000 shares, based on continuing service to Bio-Path Holdings, Inc.