Phelan Nancy R. 4
4 · Adhera Therapeutics, Inc. · Filed Apr 4, 2019
Insider Transaction Report
Form 4
Phelan Nancy R.
Director
Transactions
- Award
Options to purchase common stock
2019-04-04+1,500,000→ 1,500,000 totalExercise: $0.37Exp: 2029-04-04→ common stock (1,500,000 underlying)
Footnotes (1)
- [F1]Options to purchase 400,000 shares of common stock vested on April 4, 2019, options to purchase 600,000 shares of common stock shall vest in equal monthly installments over a two year period beginning on April 4, 2020, 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 "2019 Revenue Bonus" (as defined in the Employment Agreement dated April 4, 2019 by and 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 "2019 Stock Price Bonus" (as defined in the Employment Agreement).