SEC Form 4 · accession 0001144204-16-120807
PHASERX, INC. · PZRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gordon Brandt
Officer — Chief Medical Officer
Period of report
Aug 19, 2016
Accepted (ET)
Aug 23, 2016 · 6:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001429386
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $3.16 | Aug 19, 2016 | A | 125,000 | A | — | Aug 19, 2026 | Common Stock | 125,000 | 125,000 | D |
Explanation of responses
- F1On August 19, 2016, the reporting person was granted an option to purchase shares of common stock. Twenty percent (20%) of the option was vested on the date of grant, and 1/36th of the remaining option vests in equal installments on each monthly anniversary of August 19, 2016, and subject to the reporting person's continued service to the Issuer.