VAXGEN INC 4
4 · VAXGEN INC · Filed Dec 2, 2003
Insider Transaction Report
Form 4
VAXGEN INCVXGN
PANEK JAMES P
Director
Transactions
- Award
Incentive Stock Option (right to buy)
2003-09-10$5.50/sh+22,425$123,338→ 22,425 totalExercise: $5.50From: 2004-09-10Exp: 2013-09-10→ Common Stock (22,425 underlying) - Award
Non-Qualified Stock Option (right to buy)
2003-09-10$5.50/sh+37,575$206,663→ 37,575 totalExercise: $5.50From: 2004-09-10Exp: 2013-09-10→ Common Stock (37,575 underlying)
Footnotes (1)
- [F1]25% of the shares will vest on the first anniversay of the grant date and thereafter, the remainder will vest in equal monthly installments over the next three years.