SEC Form 4 · accession 0001209191-16-121782
XENOPORT INC · XNPT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul L Berns
Director
Period of report
May 17, 2016
Accepted (ET)
May 19, 2016 · 5:25 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 Stock | May 17, 2016 | M | 5,000 | $0.00 | A | 15,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Employee Restricted Stock UnitsF1,F2 | — | May 17, 2016 | M | 5,000 | D | — | — | Common Stock | 5,000 | 0 | 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 cliff vest in full on the earlier of the one-year anniversary of the grant date, May 19, 2015, or the date of the next annual meeting of the company. The next annual meeting occurred on May 17, 2016.