Oki Mark K 4
4 · VIVUS INC · Filed May 2, 2018
Insider Transaction Report
Form 4
VIVUS INCVVUS
Oki Mark K
Chief Financial Officer & CAO
Transactions
- Award
Employee Stock Option (right to buy)
2018-04-30+200,000→ 200,000 totalExercise: $0.37→ Common Stock (200,000 underlying)
Footnotes (2)
- [F1]The total number of shares underlying the option will vest subject to satisfaction of a performance target involving the Issuer's market capitalization on or prior to April 30, 2021 and the reporting person continuing to be a Service Provider (as defined in the Issuer's 2010 Equity Incentive Plan) upon satisfaction of such target.
- [F2]The option expires on the earlier of (a) April 30, 2025 and (b) the twelve (12) month anniversary of the date the reporting person ceases to be a Service Provider (as defined in the Issuer's 2010 Equity Incentive Plan).