Avinger Inc 4
4 · Avinger Inc · Filed Mar 15, 2017
Insider Transaction Report
Form 4
Avinger IncAVGR
SIMPSON JOHN B PH D MD
DirectorExecutive Chairman10% Owner
Transactions
- Award
Common Stock
2017-03-13+30,000→ 60,041 total - Award
Option (right to buy)
2017-03-13+60,000→ 987,138 totalExercise: $2.05From: 2018-03-13Exp: 2027-03-13→ Common Stock (60,000 underlying)
Footnotes (3)
- [F1]Reporting person received an award under the 2015 Equity Incentive Plan of RSUs with a grant date fair market value of $2.05 per share. The RSUs vest annually over four years in equal increments.
- [F2]Includes 52,500 shares of Avinger, Inc. common stock that will be issued to the Reporting Person upon vesting of restricted stock units.
- [F3]The stock options vest 25% on the first anniversary of the transaction date and monthly thereafter in 36 equal increments.