5//SEC Filing
Mitchell Harry 5
Accession 0001031927-10-000002
CIK 0001031927other
Filed
Apr 29, 8:00 PM ET
Accepted
Apr 30, 3:40 PM ET
Size
14.0 KB
Accession
0001031927-10-000002
Insider Transaction Report
Form 5
Mitchell Harry
CFO and COO
Transactions
- Award
Common Stock
2008-05-30+11,187→ 892,687 total - Award
Common stock
2009-02-20+175,000→ 892,687 total - Award
Common stock
2009-06-15+175,000→ 892,687 total - Disposition to Issuer
Non-qualified stock option
2009-02-20$2.39/sh−250,000$597,500→ 892,687 totalExercise: $2.39Exp: 2017-09-14→ Common stock (250,000 underlying) - Exercise of In-Money
Non-qualified stock options
2008-05-30$0.21/sh+12,500$2,625→ 892,687 totalExercise: $0.21From: 2007-01-30Exp: 2017-01-30→ Common stock (12,500 underlying)
Footnotes (4)
- [F1]The recipient transacted a Cashless Exercise of 12,500 NQSOs on May 30, 2008.
- [F2]Includes 475,000 shares that may be acquired by Mr. Mitchell within 60 days upon the exercise of stock options and 1,500 shares of common stock which Mr. Mitchell may acquire within 60 days upon exercise of warrants.
- [F3]One third of the options vested on September 14, 2007, options to purchase 83,333 shares vested on September 14, 2008, and the final one third (83,333) would have vested on September 14, 2009.
- [F4]The restricted shares shall vest upon the first to occur of (i) FDA approval of the Companys Symphony tCGM System; or (ii) the sale of all or substantially all of the assets of the Company or all or substantially all of the outstanding capital stock of the Company in exchange for liquid proceeds, which was defined as (a) cash; (b) securities which can be sold immediately on NYSE or NASDAQ; (c) securities which are or will be registered such that they can be sold upon on NYSE or NASDAQ upon termination of a lock-up period not to exceed one hundred eighty (180) days; or (d) or a combination of cash and the foregoing securities.
Documents
Issuer
Echo Therapeutics, Inc.
CIK 0001031927
Entity typeother
Related Parties
1- filerCIK 0001367655
Filing Metadata
- Form type
- 5
- Filed
- Apr 29, 8:00 PM ET
- Accepted
- Apr 30, 3:40 PM ET
- Size
- 14.0 KB