AYTU BIOSCIENCE, INC 4
4 · AYTU BIOSCIENCE, INC · Filed Mar 17, 2017
Insider Transaction Report
Form 4
Cantrell Gary
Director
Transactions
- Award
Employee Stock Option Grant
2017-03-16+15,000→ 15,000 totalExercise: $0.82Exp: 2026-07-12→ Common Stock (15,000 underlying) - Disposition to Issuer
Employee Stock Option Grant
2017-03-16−15,000→ 0 totalExercise: $3.23Exp: 2026-07-12→ Common Stock (15,000 underlying)
Holdings
- 135,416
Common Stock
- 0
Warrant to Purchase Common Stock
Exercise: $1.86From: 2017-11-02Exp: 2021-11-02→ Common Stock (33,333 underlying) - 0
Warrant to Purchase Common STock
Exercise: $6.00From: 2016-05-06Exp: 2021-05-06→ Common Stock (3,750 underlying)
Footnotes (3)
- [F1]Of these shares, 65,000 are restricted shares that vest on July 12, 2026, subject to earlier vesting in certain situations.
- [F2]25% vests on September 30, 2016, December 31, 2016, March 31, 2017 and June 30, 2017, subject to the Grantee's continued service as a director on such dates.
- [F3]These two transactions involved an amendment of the exercise price of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option.