SEC Form 4 · accession 0001209191-16-103022
XENOPORT INC · XNPT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory T Bates
Officer — SVP, Regulatory Affairs & QA
Period of report
Feb 24, 2016
Accepted (ET)
Feb 26, 2016 · 5:08 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 | Feb 24, 2016 | M | 7,000 | $0.00 | A | 44,606 | D | |
| Common Stock | Feb 24, 2016 | F | 2,630 | $4.60 | D | 41,976 | 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 UnitsF1,F2 | — | Feb 24, 2016 | M | 7,000 | D | — | — | Common Stock | 7,000 | 7,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of XenoPort, Inc. common stock.
- F2The restricted stock units shall vest annually over three years from the grant date, February 24, 2014, with 50% vesting on the second anniversary date and 50% vesting on the third anniversary date.