AYTU BIOSCIENCE, INC 4
4 · AYTU BIOSCIENCE, INC · Filed Mar 1, 2017
Insider Transaction Report
Form 4
Disbrow Jarrett
Chief Business Officer
Transactions
- Exercise/Conversion
Common Stock
2017-02-27$0.75/sh+187,500$140,625→ 601,004 total - Exercise/Conversion
Warrant to Purchase Common Stock
2017-02-27−20,834→ 0 totalExercise: $6.00From: 2016-05-06Exp: 2021-05-06→ Common Stock (20,834 underlying) - Exercise/Conversion
Warrant to Purchase Common Stock
2017-02-27−166,666→ 0 totalExercise: $1.86From: 2017-11-02Exp: 2021-11-02→ Common Stock (166,666 underlying)
Holdings
- 50,000
Employee Stock Option Grant
Exercise: $3.23Exp: 2025-11-11→ Common Stock (50,000 underlying) - 60,000
Employee Stock Option Grant
Exercise: $3.23Exp: 2026-07-07→ Common Stock (60,000 underlying)
Footnotes (3)
- [F1]Of these shares, 165,000 are restricted shares that vest on July 7, 2026, subject to earlier vesting in certain situations.
- [F2]33.3% vest on November 11, 2016, 33.3% vest on November 11, 2017 and 33.3% vest on November 11, 2018, subject to the Grantee's continued service as an employee on such dates.
- [F3]33.3% vests on the one year, two year and three year anniversary of the date of grant, subject to the Grantee's continued service as an employee on such dates.