SEC Form 4 · accession 0001220878-18-000006
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
Nov 19, 2018
Accepted (ET)
Nov 20, 2018 · 5:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001619250
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 | $0.41 | Nov 19, 2018 | A | 494,000 | A | — | Nov 19, 2028 | Common Stock | 494,000 | 494,000 | D |
Explanation of responses
- F150% of the option shall vest on November 19, 2019, the one-year anniversary of the date of grant. The remaining shares underlying the option vest in substantially equal quarterly installments for 4 quarters after such one-year anniversary, such that the option will fully vest on November 19, 2020.
Remarks
Executive Vice President, Manufacturing and R&D