SEC Form 4 · accession 0001123292-18-000559
ARADIGM CORP · ARDM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John M Siebert
Officer — Interim Principal Exec Ofcr · Director
Period of report
Mar 22, 2018
Accepted (ET)
Mar 26, 2018 · 8:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001013238
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $1.31 | Mar 22, 2018 | A | 276,000 | A | — | Mar 22, 2028 | Common Stock | 276,000 | 276,000 | D |
Explanation of responses
- F1Stock option vests (a) as to 96,000 shares on August 12, 2018 and (b) as to 180,000 shares in 36 equal monthly installments over a three-year period beginning on March 12, 2018.
Remarks
Exhibit-24 Power of Attorney