SEC Form 4 · accession 0001573723-17-000004
PAIN THERAPEUTICS INC · PTIE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sanford Robertson
Director
Period of report
May 4, 2017
Accepted (ET)
May 5, 2017 · 4:59 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) | $0.78 | May 4, 2017 | A | 50,000 | A | May 4, 2018 | May 4, 2027 | Common Stock | 50,000 | 739,128 | D |
Remarks
(1) Non-Qualifying Stock Options issued pursuant to the Company's 2008 Equity Incentive Plan vest over 4 years at the rate of 25% of the shares granted, starting May 4, 2018.