ARRAY BIOPHARMA INC 4
4 · ARRAY BIOPHARMA INC · Filed Aug 20, 2014
Insider Transaction Report
Form 4
Transactions
- Award
Restricted Stock Units
2014-08-18+32,069→ 32,069 totalExercise: $0.00Exp: 2018-08-18→ Common Stock (32,069 underlying)
Footnotes (2)
- [F1]Restricted Stock Units were awarded to the reporting person for no additional cash consideration and represent a contingent right to receive one share of Array BioPharma Inc. common stock.
- [F2]The RSU's vest upon achievement of certain milestones relating to a program licensed by the Company to Novartis International Pharmaceutical Ltd., with one half vesting upon achievement of the first milestone relating to the return of commercialization rights for binimetinib to the Company that have been licensed to Novartis International Pharmaceutical Ltd. and one half vesting upon achievement of the second milestone on or prior to the fourth anniversary of the grant date, in each case subject to continued service with the Company as of each vesting date.