SEC Form 5 · accession 0001209191-15-013768
BIODELIVERY SCIENCES INTERNATIONAL INC · BDSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew L Finn
Officer — Executive Vice President
Period of report
Dec 31, 2014
Accepted (ET)
Feb 13, 2015 · 5:47 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001103021
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 19, 2014 | A | 614 | $0.00 | A | 571,064 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | $0.00 | Feb 20, 2013 | A | 160,601 | A | — | Feb 20, 2016 | Common Stock | 160,601 | 160,601 | D |
| Restricted Stock UnitsF2 | $0.00 | Feb 20, 2014 | J | 53,534 | D | — | Feb 20, 2016 | Common Stock | 53,534 | 107,067 | D |
| Restricted Stock UnitsF3 | $0.00 | Feb 20, 2014 | A | 153,387 | A | — | Feb 22, 2017 | Common Stock | 153,387 | 153,387 | D |
Explanation of responses
- F1The shares of common stock reported on this Form 5 were acquired by the Reporting Person in connection with the vesting of restricted stock units, based on the achievement of certain performance milestones, granted under the Issuer's Performance Long Term Incentive Plan.
- F2The restricted stock units ("RSUs") were issued to the Reporting Person on February 20, 2013, pursuant to a grant under the Issuer's Performance Long Term Incentive Plan. The RSUs vested as to one-third on February 20, 2014, and the acquisition of common stock was reported on a Form 4 filed by the Reporting Person with the Securities and Exchange Commission on February 21, 2014. One-third of the RSUs will vest on each of, (i) February 20, 2015 and (ii) February 20, 2016. Upon vesting, each RSU entitles the Reporting Person to one share of the Issuer's common stock.
- F3The RSUs were issued to the Reporting Person on February 22, 2014, pursuant to a grant under the Issuer's Performance Long Term Incentive Plan. One-third of the RSUs will vest on each of, (i) February 22, 2015, (ii) February 22, 2016 and (iii) February 22, 2017. Upon vesting, each RSU entitles the Reporting Person to one share of the Issuer's common stock.