SECOND SIGHT MEDICAL PRODUCTS INC 4
4 · SECOND SIGHT MEDICAL PRODUCTS INC · Filed Mar 16, 2017
Insider Transaction Report
Form 4
Transactions
- Award
Common Stock
2017-03-14$1.47/sh+67,435$99,129→ 78,354 total - Award
Warrant to Purchase Common Stock
2017-03-14+67,435→ 67,435 totalExercise: $1.47From: 2017-03-14Exp: 2022-03-14→ Common Stock (67,435 underlying)
Holdings
- 175,000
Non-Qualified Stock Option (right to buy)
Exercise: $7.00From: 2015-08-01Exp: 2024-08-01→ Common Stock (175,000 underlying) - 181,980
Non-Qualified Stock Option (right to buy)
Exercise: $1.97From: 2018-01-03Exp: 2027-01-03→ Common Stock (181,980 underlying) - 12,907
Non-Qualified Stock Option (right to buy)
Exercise: $13.09From: 2016-03-25Exp: 2025-03-25→ Common Stock (12,907 underlying) - 38,225
Non-Qualified Stock Option (right to buy)
Exercise: $4.10From: 2017-01-21Exp: 2026-01-21→ Common Stock (38,225 underlying)
Footnotes (3)
- [F1]Common stock and warrants reported on this Form 4 pursuant to an exercise of subscription rights previously distributed by the Company to all holders of the Company's common stock. Each stockholder received a right to invest $0.47 for every share held of record on February 10, 2017, the record date, to purchase units consisting of one share of common stock and one warrant to purchase one share of common stock. The final allocation numbers of units were distributed on March 14, 2017.
- [F2]Options vest over a four year term of which one-fourth vests on the Date Exercisable, with the remaining options vesting quarterly over three years thereafter.
- [F3]Options vest in 4 yearly increments starting with the Date Exercisable