ODYSSEY MARINE EXPLORATION INC 4
4 · ODYSSEY MARINE EXPLORATION INC · Filed Jan 6, 2015
Insider Transaction Report
Form 4
MacConnel Melinda Joy
Ex VP, Sec'y & Gen'l Counsel
Transactions
- Award
Stock Option (Right to Buy)
2015-01-02+142,000→ 142,000 totalExercise: $1.04Exp: 2024-12-31→ Common Stock (142,000 underlying) - Award
Restricted Stock Unit (RSU)
2015-01-02+40,500→ 40,500 totalExp: 2017-12-20→ Common Stock (40,500 underlying) - Award
Performance Restricted Stock Units (PRSU)
2015-01-02+4,500→ 4,500 total→ Common Stock (4,500 underlying)
Footnotes (5)
- [F1]RSU and PRSU represent a contingent right to receive one share of OMEX common stock.
- [F2]RSU vest in three equal annual installments on December 20, 2015, 2016 and 2017.
- [F3]Stock Options vest in one-third of the options granted on December 31, 2015 and 1/36th of the options granted monthly thereafter until December 31, 2017.
- [F4]Each PRSU vests upon achievement of annual performance criteria for the period ending December 15, 2015 in one-third of the units granted on each of December 20, 2015, 2016 and 2017.
- [F5]The PRSU expire on December 20, 2017, but will terminate on December 15, 2015, if the performance criteria are not met.