Damaj Bassam 4
4 · APRICUS BIOSCIENCES, INC. · Filed Feb 1, 2011
Insider Transaction Report
Form 4
Damaj Bassam
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2011-01-31+80,000→ 908,876 total - Award
Stock Option (right to buy)
2011-01-31+300,000→ 300,000 totalExercise: $3.89Exp: 2021-01-31→ Common Stock (300,000 underlying)
Holdings
- 327,100(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]The shares of common stock reported herein were issued as an annual bonus pursuant to the Reporting Person's employment agreement and were fully vested on the date of grant.
- [F2]The option shall vest with respect to one-third of the underlying shares on the grant date (January 31, 2011), and then with respect to the remaining shares quarterly thereafter over the two-year period beginning on the first anniversary of the date of grant (i.e., January 31, 2012).