APPLIED DNA SCIENCES INC 4
4 · APPLIED DNA SCIENCES INC · Filed Jul 1, 2015
Insider Transaction Report
Form 4
Hayward James A
DirectorChairman, CEO and President10% Owner
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2015-06-30−166,667→ 0 totalExercise: $3.60Exp: 2015-06-30→ Common Stock (166,667 underlying) - Award
Employee Stock Option (right to buy)
2015-06-30+166,667→ 166,667 totalExercise: $3.60From: 2015-06-30Exp: 2020-06-30→ Common Stock (166,667 underlying)
Footnotes (1)
- [F1]The two reported transactions involve an amendment of an outstanding option to extend the expiration date of such option from June 30, 2015 to June 30, 2020, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on July 1, 2010 and provided for vesting (i) with respect to 25% of the underlying shares on the original date of grant and (ii) with respect to the remaining underlying shares, ratably each anniversary thereafter until fully vested on the third anniversary of the original date of grant.