AYTU BIOSCIENCE, INC 4
4 · AYTU BIOSCIENCE, INC · Filed Mar 17, 2017
Insider Transaction Report
Form 4
Donofrio John Jr.
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
- 65,000
Common Stock
Footnotes (3)
- [F1]These 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.