4//SEC Filing
Pedder Simon 4
Accession 0001578563-20-000016
CIK 0001534120other
Filed
Apr 12, 8:00 PM ET
Accepted
Apr 13, 6:59 PM ET
Size
17.2 KB
Accession
0001578563-20-000016
Insider Transaction Report
Form 4
Cerecor Inc.CERC
Pedder Simon
Director
Transactions
- Tax Payment
Common Stock
2020-04-09$2.57/sh−20,901$53,716→ 241,833 total
Holdings
- 300,000
Stock Option (Right to Buy)
Exercise: $4.98Exp: 2029-05-24→ Common Stock (300,000 underlying) - 882
Stock Option (Right to Buy)
Exercise: $5.84Exp: 2029-03-29→ Common Stock (882 underlying) - 117
Stock Option (Right to Buy)
Exercise: $5.44Exp: 2029-06-28→ Common Stock (117 underlying) - 990
Stock Option (Right to Buy)
Exercise: $4.67Exp: 2028-09-28→ Common Stock (990 underlying) - 16,714
Stock Option (Right to Buy)
Exercise: $4.14Exp: 2028-04-06→ Common Stock (16,714 underlying) - 8,357
Stock Option (Right to Buy)
Exercise: $3.71Exp: 2028-05-14→ Common Stock (8,357 underlying) - 300,000
Stock Option (Right to Buy)
Exercise: $5.17Exp: 2029-04-15→ Common Stock (300,000 underlying) - 1,504
Stock Option (Right to Buy)
Exercise: $3.23Exp: 2028-12-31→ Common Stock (1,504 underlying) - 1,012
Stock Option (Right to Buy)
Exercise: $4.34Exp: 2028-06-29→ Common Stock (1,012 underlying)
Footnotes (6)
- [F1]Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted May 24, 2019.
- [F2]The stock option is fully vested.
- [F3]Granted for service on the Board of Directors as a non-employee Board member prior to appointment to Executive Chairman of the Board.
- [F4]The stock option was granted on May 24, 2019. One-third of the shares subject to the option will vest upon the Issuer's common stock closing at or above $8.00 per share for three consecutive trading days. The next one-third of the shares subject to the option will vest upon the Issuer's common stock closing at or above $10.50 per share for three consecutive trading days. The final one-third of the shares subject to the option will vest upon the Issuer's common stock closing at or above $13.00 per share for three consecutive trading days.
- [F5]The stock option was granted on April 15, 2019. One-third of the shares subject to the stock option will vest on the first anniversary of the date of grant, and the remaining two-thirds of the shares subject to the stock option will vest in equal monthly installments over the following 24 months, provided the Reporting Person is then still providing continuous service as an employee, director or consultant.
- [F6]The stock option will vest in three substantially equal installments on April 6, 2019, 2020 and 2021, provided the Reporting Person is then still providing continuous service as an employee, director or consultant.
Documents
Issuer
Cerecor Inc.
CIK 0001534120
Entity typeother
Related Parties
1- filerCIK 0001316736
Filing Metadata
- Form type
- 4
- Filed
- Apr 12, 8:00 PM ET
- Accepted
- Apr 13, 6:59 PM ET
- Size
- 17.2 KB