4//SEC Filing
Phillips Matthew V 4
Accession 0001578563-19-000034
CIK 0001534120other
Filed
Oct 20, 8:00 PM ET
Accepted
Oct 21, 5:15 PM ET
Size
10.8 KB
Accession
0001578563-19-000034
Insider Transaction Report
Form 4
Cerecor Inc.CERC
Phillips Matthew V
Chief Commercial Officer
Transactions
- Award
Common Stock
2019-08-23$1.07/sh+512,500$548,375→ 512,500 total(indirect: By LLC)
Holdings
- 1,020
Common Stock
- 145,000
Stock Option (Right to Buy)
Exercise: $6.22Exp: 2029-04-01→ Common Stock (145,000 underlying) - 100,000
Stock Option (Right to Buy)
Exercise: $1.13Exp: 2027-11-17→ Common Stock (100,000 underlying)
Footnotes (5)
- [F1]Acquired pursuant to the Settlement Agreement effective August 23, 2019 by and among MVP Ventures, LLC, Freemantle LLC and LRS International LLC, in exchange for the settlement and termination of Freemantle LLC's and LRS International LLC's certain interests in the Issuer.
- [F2]MVP Ventures LLC ("MVP") is the record holder of the securities. The reporting person is the founder and principal of MVP and may be deemed to beneficially own the securities held by MVP. The reporting person disclaims beneficial ownership of the securities except to the extent of his pecuniary interest therein.
- [F3]One fourth of the shares subject to the stock option will vest on November 17, 2018, and the remaining three-fourths of the shares subject to the stock option will vest in substantially equal monthly installments over the following 36 months, provided the Reporting Person is then still providing continuous service as an employee, director or consultant.
- [F4]One fourth of the shares subject to the stock option will vest on January 22, 2019, and the remaining three-fourths of the shares subject to the stock option will vest in substantially equal monthly installments over the following 36 months, provided the Reporting Person is then still providing continuous service as an employee, director or consultant.
- [F5]One fourth of the shares subject to the stock option will vest on April 1, 2020, and the remaining three-fourths of the shares subject to the stock option will vest in substantially equal monthly installments over the following 36 months, provided the Reporting Person is then still providing continuous service as an employee, director or consultant.
Documents
Issuer
Cerecor Inc.
CIK 0001534120
Entity typeother
Related Parties
1- filerCIK 0001729197
Filing Metadata
- Form type
- 4
- Filed
- Oct 20, 8:00 PM ET
- Accepted
- Oct 21, 5:15 PM ET
- Size
- 10.8 KB