HEMISPHERX BIOPHARMA INC 4
4 · HEMISPHERX BIOPHARMA INC · Filed Jul 19, 2016
Insider Transaction Report
Form 4
STRAYER DAVID R
Other
Transactions
- Award
Incentive Rights
2016-07-15$0.12/sh+22,186$2,662→ 22,186 totalExercise: $0.00From: 2017-01-15Exp: 2017-01-15→ Common Stock (22,186 underlying)
Footnotes (1)
- [F1]Issued pursuant to the Hemispherx Biopharma Inc 2016 voluntary incentive stock award plan. Pursuant to the plan, the reporting person has elected to withhold a portion of their salary in exchange for the incentive right. The incentive right grants the reporting person the right to receive a number of shares of common stock based upon the market price on the day prior to election. The incentive right automatically converts into common stock on the date exercisable. The plan is described in the Issuer's annual 10K report for the year ended 12/31/15.