Moscato Robert Jr. 4
4 · Marina Biotech, Inc. · Filed Jul 11, 2018
Insider Transaction Report
Form 4
Moscato Robert Jr.
DirectorChief Executive Officer
Transactions
- Award
Options to purchase common stock
2018-07-10+1,500,000→ 1,500,000 totalExercise: $0.66Exp: 2028-07-10→ common stock (1,500,000 underlying)
Footnotes (1)
- [F1]Options to purchase 250,000 shares of common stock are exercisable immediately, options to purchase 250,000 shares of common stock are exercisable on each of July 10, 2019, July 10, 2020 and July 10, 2021, options to purchase 250,000 shares of common stock shall vest on such date (if any) that the Issuer determines that the reporting person has earned the "2018 Revenue Bonus" (as defined in the Employment Agreement dated June 18, 2018 between the Issuer and the reporting person (the "Employment Agreement")), and options to purchase 250,000 shares of common stock shall vest on such date (if any) that the Issuer determines that the reporting person has earned the "2018 Stock Price Bonus" (as defined in the Employment Agreement).