4//SEC Filing
Marina Biotech, Inc. 4
Accession 0001571049-14-000036
$ATRXCIK 0000737207operating
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 9:38 AM ET
Size
5.4 KB
Accession
0001571049-14-000036
Insider Transaction Report
Form 4
Ho Richard Theodore
Executive V.P. R&D
Transactions
- Award
Common Stock
2014-01-01+390,000→ 390,000 total
Footnotes (1)
- [F1]On January 1, 2014, in order to satisfy certain unfulfilled payment obligations in the amount of approximately $516,000 that were due to the Reporting Person pursuant to his employment agreement with the Issuer, and in connection with the Reporting Person's resignation as the Executive Vice President - Research & Development of the Issuer, the Issuer agreed to issue to the Reporting Person (after applying a discount to the amount owed) 390,000 shares of the Issuer's common stock. The number of shares issued to the Reporting Person were based on the volume weighted average price of the common stock for the 10-trading day period ending on December 31, 2013 (i.e., $0.33).
Documents
Issuer
Marina Biotech, Inc.
CIK 0000737207
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000737207
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 9:38 AM ET
- Size
- 5.4 KB