Schoch Steven J 4
4 · ARENA PHARMACEUTICALS INC · Filed Jun 15, 2021
Insider Transaction Report
Form 4
Schoch Steven J
Director
Transactions
- Award
Common Stock
2021-06-11+3,067→ 4,600 total - Award
Common Stock
2021-06-11+1,533→ 1,533 total - Award
Stock Option (right to buy)
2021-06-11+3,601→ 3,601 totalExercise: $65.19Exp: 2028-06-11→ Common Stock (3,601 underlying) - Award
Stock Option (right to buy)
2021-06-11+7,202→ 7,202 totalExercise: $65.19Exp: 2028-06-11→ Common Stock (7,202 underlying)
Footnotes (4)
- [F1]The amount represents restricted stock units that vest in three equal installments on the dates of Arena's next three annual meetings of stockholders. The shares underlying the restricted stock units will be issued upon vesting and release of the restricted stock units.
- [F2]The amount represents restricted stock units that vest in full on the earliest of June 11, 2022, or the date of Arena's next annual meeting of stockholders. The shares underlying the restricted stock units will be issued upon vesting and release of the restricted stock units.
- [F3]The options vest in 36 equal monthly installments (except as otherwise necessary to avoid vesting of a fractional share) over three years beginning on July 11, 2021, and are exercisable once vested.
- [F4]The options vest in 12 equal monthly installments (except as otherwise necessary to avoid vesting of a fractional share) over one year beginning on July 11, 2021 with the final installment vesting upon the earlier of the one-year anniversary of the grant date or the date of the next annual stockholders' meeting, and are exercisable once vested.