SEC Form 4 · accession 0001209191-15-004522
XENOPORT INC · XNPT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William G Harris
Officer — SVP, Finance and CFO
Period of report
Jan 13, 2015
Accepted (ET)
Jan 15, 2015 · 7:09 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 Stock | Jan 13, 2015 | M | 6,250 | $0.00 | A | 137,593 | D | |
| Common Stock | Jan 13, 2015 | F | 2,736 | $8.93 | D | 134,857 | D | |
| Common Stock | Jan 13, 2015 | M | 15,000 | $0.00 | A | 149,857 | D | |
| Common Stock | Jan 13, 2015 | F | 5,867 | $8.93 | D | 143,990 | D | |
| Common Stock | Jan 14, 2015 | M | 5,000 | $0.00 | A | 148,990 | D | |
| Common Stock | Jan 14, 2015 | F | 1,879 | $9.31 | D | 147,111 | 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 UnitF1,F2 | — | Jan 13, 2015 | M | 6,250 | D | — | — | Common Stock | 6,250 | 0 | D |
| Restricted Stock UnitF1,F3 | — | Jan 13, 2015 | M | 15,000 | D | — | — | Common Stock | 15,000 | 0 | D |
| Restricted StockF1,F4 | — | Jan 14, 2015 | M | 5,000 | D | — | — | Common Stock | 5,000 | 10,000 | D |
| Employee Stock OptionF5 | $9.31 | Jan 14, 2015 | A | 85,000 | A | — | Jan 14, 2025 | Common Stock | 85,000 | 85,000 | D |
| Restricted Stock UnitF1,F6 | — | Jan 14, 2015 | A | 10,000 | A | — | — | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive on share of XenoPort, Inc. common stock.
- F2These restricted stock units vested over four years from the grant date, January 13, 2011, in equal annual installments.
- F3These restricted stock units vested over three years from the grant date, January 13, 2012, with 25% vesting on the first anniversary date, 25% vesting on the second anniversary date and 50% vesting on the third anniversary date from the date of grant.
- F4These restricted stock units shall vest over four years from the grant date, January 14, 2013, in equal annual installments.
- F5These employee stock options shall vest and become exercisable in a series of forty-eight successive equal monthly installments over the four-year period measured from the grant date, January 14, 2015.
- F6These restricted stock units shall vest over four years from the grant date, January 14, 2015, in equal annual installments.