Saldanha Joseph 4
4 · Valeritas Holdings Inc. · Filed Jan 29, 2018
Insider Transaction Report
Form 4
Saldanha Joseph
See Remarks
Transactions
- Award
Employee Stock Option (Right to Buy)
2018-01-29+60,000→ 60,000 totalExercise: $3.43Exp: 2028-01-29→ Common Stock (60,000 underlying)
Footnotes (1)
- [F1]The option vests as follows: 25% of the shares will vest on the first anniversary of the date of the grant and the remaining 75% of the shares will vest in equal monthly installments thereafter such that the option will be fully vested on January 29, 2022. The option was granted pursuant to an inducement award agreement outside of the Issuer's 2016 Incentive Compensation Plan as a material inducement to theReporting Person's acceptance of employment with the Issuer in accordance with NASDAQ Listing Rule 5635(c)(4).