SEC Form 4 · accession 0001209191-15-067654
VivoSim Labs, INC. · VIVS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Gallant
Officer — General Manager
Period of report
Aug 20, 2015
Accepted (ET)
Aug 24, 2015 · 8:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001497253
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1,F2 | $2.09 | Aug 20, 2015 | A | 225,000 | A | — | Aug 20, 2025 | Common Stock | 225,000 | 225,000 | D |
Explanation of responses
- F1This option represents the Reporting Person's initial equity award granted upon the commencement of his employment with the Issuer.
- F225% of the option shares vest and become exercisable on August 3, 2016 and the remaining shares vest in 12 equal quarterly installments thereafter.