4//SEC Filing
QLT INC/BC 4
Accession 0001140361-16-070525
CIK 0000827809operating
Filed
Jun 20, 8:00 PM ET
Accepted
Jun 21, 9:16 PM ET
Size
8.5 KB
Accession
0001140361-16-070525
Insider Transaction Report
Form 4
QLT INC/BCQLTI
Ibbott William Glen
Interim CFO
Transactions
- Award
Restricted Stock Units
2016-06-17+60,000→ 60,000 total→ Common stock (60,000 underlying) - Award
Stock Option (right to buy)
2016-06-17+220,000→ 220,000 totalExercise: $1.43Exp: 2026-06-17→ Common stock (220,000 underlying)
Footnotes (5)
- [F1]Option exercise price reflects the closing price of the Issuer's common stock on the NASDAQ Stock Market on the June 17, 2016 grant date.
- [F2]The options vest and become exercisable in thirty-six (36) successive and equal monthly installments from the June 17, 2016 grant date. These options were awarded pursuant to the Issuer's 2000 Incentive Stock Plan, as amended and restated (the "2000 Plan").
- [F3]Each Restricted Stock Unit ("RSU") represents a right to receive one share of common stock of the Issuer upon vesting.
- [F4]The RSUs vest in installments, with 40,000 RSUs vesting on the first anniversary from the June 17, 2016 grant date, and the remaining 20,000 RSUs vesting on the second anniversary from the June 17, 2016 grant date. These RSUs were awarded pursuant to the 2000 Plan.
- [F5]The RSUs have no fixed expiration date.
Documents
Issuer
QLT INC/BC
CIK 0000827809
Entity typeoperating
IncorporatedBritish Columbia, Canada
Related Parties
1- filerCIK 0000827809
Filing Metadata
- Form type
- 4
- Filed
- Jun 20, 8:00 PM ET
- Accepted
- Jun 21, 9:16 PM ET
- Size
- 8.5 KB