OTTO MICHAEL J. 4
4 · Pharmasset Inc · Filed Aug 3, 2011
Insider Transaction Report
Form 4
Pharmasset IncVRUS
OTTO MICHAEL J.
Chief Scientific Officer
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2011-08-01−8,929→ 6,071 totalExercise: $18.60Exp: 2018-10-29→ Common Stock (8,929 underlying) - Sale
Common Stock
2011-08-01$119.99/sh−8,929$1,071,391→ 7,189 total - Exercise/Conversion
Common Stock
2011-08-01$18.60/sh+8,929$166,079→ 16,118 total
Footnotes (2)
- [F1]This transaction is the result of standing instructions set forth in a Rule 10b5 plan previously established by the filer.
- [F2]These options were granted on 10/29/2008. 25% of the total grant of 15,000 became vested on the first anniversary and 6.25% become vested each quarter thereafter for the following 12 quarters.