SEC Form 4 · accession 0001209191-15-072851
XENOPORT INC · XNPT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vincent Angotti
Officer — Executive VP, CEO
Period of report
Sep 29, 2015
Accepted (ET)
Oct 1, 2015 · 6:56 pm EDT
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 | Sep 29, 2015 | A | 326,086 | $0.00 | A | 437,931 | D | |
| Common StockF2 | Sep 29, 2015 | A | 108,695 | $0.00 | A | 546,626 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of XenoPort, Inc. common stock. The restricted stock units shall vest over four years from the grant date, September 29, 2015, in equal annual installments.
- F2Each restricted stock unit represents a contingent right to receive one share of XenoPort, Inc. common stock. On September 29, 2015, the reporting person was granted a performance-based restricted stock unit award for 108,695 shares, 100% of which will vest if, on or prior to September 29, 2019, the daily volume-weighted average price for the Company's common stock is greater or equal to $6.90 per share for 30 consecutive trading days.