Calias Pericles 4
4 · Cerecor Inc. · Filed Apr 17, 2020
Insider Transaction Report
Form 4
Cerecor Inc.CERC
Calias Pericles
Chief Scientific Officer
Transactions
- Tax Payment
Common Stock
2019-07-16$4.90/sh−3,246$15,905→ 49,216 total
Holdings
- 80,000
Stock Option (Right to Buy)
Exercise: $4.26Exp: 2028-07-16→ Common Stock (80,000 underlying) - 175,000
Stock Option (Right to Buy)
Exercise: $6.22Exp: 2029-04-01→ Common Stock (175,000 underlying) - 25,000
Stock Option (Right to Buy)
Exercise: $4.98Exp: 2029-05-24→ Common Stock (25,000 underlying)
Footnotes (3)
- [F1]Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted May 24, 2019.
- [F2]One-fourth of the shares subject to the stock option will vest on the first anniversary of the date of grant, and the remaining three-fourths of the shares subject to the stock option will vest in equal monthly installments over the following 36 months.
- [F3]One-fourth of the shares subject to the stock option will vest on July 16, 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.