SEC Form 4 · accession 0001628280-19-002706
Valeritas Holdings Inc. · VLRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matt Nguyen
Officer — See Remarks
Period of report
Mar 7, 2019
Accepted (ET)
Mar 8, 2019 · 5:11 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 | $0.43 | Mar 7, 2019 | A | 270,000 | A | — | Mar 7, 2029 | Common Stock | 270,000 | 270,000 | D |
Explanation of responses
- F125% of the option shall vest on March 07, 2020, the one-year anniversary of the date of grant. The remaining shares underlying the option vest in substantially equal quarterly installments for 8 quarters after such one-year anniversary, such that the option will fully vest on March 07, 2022.
Remarks
Chief Commercial Officer