SEC Form 4 · accession 0001179110-18-003879
Egalet Corp · EGLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick M Shea
Officer — Chief Commercial Officer
Period of report
Mar 6, 2018
Accepted (ET)
Mar 8, 2018 · 4:47 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001586105
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 6, 2018 | A | 80,000 | $0.00 | A | 117,020 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents restricted stock units, which vest in four equal annual installments beginning on the first anniversary of the date of grant, subject to acceleration of vesting based upon the percentage achievement of 2018 corporate goals attained. If there is 75% or greater achievement of 2018 corporate goals, 100% of the RSUs will vest on the first anniversary of the grant date and if there is less than 75% achievement of 2018 corporate goals, the RSUs will remain subject to the time-based vesting schedule.