SEC Form 4 · accession 0000899243-17-008665
Valeritas Holdings Inc. · VLRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Geoffrey Jenkins
Officer — See Remarks
Period of report
Mar 23, 2017
Accepted (ET)
Mar 27, 2017 · 5:38 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001619250
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 23, 2017 | P | 600 | $10.00 | A | 6,850 | D |
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 | $7.12 | Mar 23, 2017 | A | 135,000 | A | — | Mar 23, 2027 | Common Stock | 135,000 | 135,000 | D |
Explanation of responses
- F125% of the option shall vest on September 23, 2017, the six month anniversary of the date of grant. The remaining shares underlying the option vest in substantially equal quarterly installments for 6 quarters after such six-month anniversary.
Remarks
Executive Vice President, Manufacturing Operations and R&D