AETHLON MEDICAL INC 4
4 · AETHLON MEDICAL INC · Filed Sep 6, 2016
Insider Transaction Report
Form 4
BARRY FRANKLYN S JR
Director
Transactions
- Exercise/Conversion
Common Stock
2016-09-01+12,328→ 14,450 total - Tax Payment
Common Stock
2016-09-01$6.28/sh−4,931$30,967→ 9,519 total - Exercise/Conversion
Restricted Stock Units
2016-09-01−12,328→ 4,104 total→ Common Stock (12,328 underlying)
Footnotes (5)
- [F1]Represents the settlement in common stock of previously issued restricted stock units upon vesting of such units.
- [F2]Each restricted stock unit represents the right to receive, at settlement, one share of common stock. For tax purposes, each share of common stock was valued at $6.28, the closing price of the common stock on 8/9/16, the date of grant.
- [F3]In addition to the currently outstanding shares of common stock owned by the reporting person and reported here, the reporting person also beneficially owns the shares of common stock underlying the following stock options and restricted stock units: options to purchase 10,000 shares of common stock at $20.50 per share, options to purchase 10,000 shares of common stock at $12.50 per share, options to purchase 9,211 shares of common stock at $3.80 per share, options to purchase 8,537 shares of common stock at $4.10 per share, options to purchase 3,684 shares of common stock at $9.50 per share and 1,368 restricted stock units.
- [F4]Represents shares of common stock withheld and deemed sold to the issuer to satisfy the tax obligation of the reporting person due upon vesting of the restricted stock units.
- [F5]12,328 of the restricted stock units vested on the grant date, 8/9/16, and 1,368 of the remaining restricted stock units will vest on each of 9/30/16, 12/31/16 and 3/31/17.