SEC Form 4 · accession 0001573723-16-000016
PAIN THERAPEUTICS INC · PTIE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J O'Donnell
Director
Period of report
May 12, 2016
Accepted (ET)
May 18, 2016 · 5:36 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001069530
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualifying Stock Options (1) | $2.38 | May 12, 2016 | A | 50,000 | A | May 12, 2017 | May 12, 2026 | Common Stock | 50,000 | 529,853 | D |
Remarks
(1)Non-Qualifying Stock Options issued pursuant to the Company's 2008 Equity Incentive Plan vest over 4 years at a rate of 25% of the shares granted, starting May 12, 2017.