Kaiser John Joseph 4
4 · Cerecor Inc. · Filed Aug 22, 2017
Insider Transaction Report
Form 4
Cerecor Inc.CERC
Kaiser John Joseph
Chief Business Officer
Transactions
- Award
Employee Stock Option (Right to Buy)
2017-08-18+25,000→ 25,000 totalExercise: $0.62From: 2018-08-17Exp: 2027-08-18→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]One third of the shares subject to the Option shall vest on the first anniversary of the date of grant and the remaining two thirds of the shares subject to the Option shall vest in equal monthly installments on each monthly anniversary date of the first vesting date over the following 24 months beginning on 18-Aug-2017
- [F2]The stock options vest 1/3 at the first anniversary and 1/36th each month thereafter for the next two years.