SEC Form 4 · accession 0001209191-15-002359
XENOPORT INC · XNPT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeryl L Hilleman
Director
Period of report
Jan 2, 2015
Accepted (ET)
Jan 6, 2015 · 5:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001130591
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 2, 2015 | M | 16,666 | $6.00 | A | 26,666 | D | |
| Common StockF2 | Jan 2, 2015 | F | 11,324 | $8.83 | D | 15,342 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F3 | $6.00 | Jan 2, 2015 | M | 16,666 | D | — | Jan 4, 2015 | Common Stock | 16,666 | 0 | D |
Explanation of responses
- F1Option exercise as a result of upcoming expiration date, January 4, 2015.
- F2Represents shares withheld by the Issuer in connection with the net exercise of the option reported in Table II hereof. All of such shares were withheld by the Issuer in satisfaction of the aggregate option exercise price, with the transfer involved in such net exercise transaction being made by the reporting person for the sole purpose of covering such exercise price.
- F3This stock option was granted January 4, 2005 and vested over four years at 1/48 per month from the date of grant.