SEC Form 4 · accession 0001701029-18-000002
Valeritas Holdings Inc. · VLRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Edward Timberlake
Officer — See Remarks · Director
Period of report
Feb 13, 2018
Accepted (ET)
Feb 15, 2018 · 5:24 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 | $3.07 | Feb 13, 2018 | A | 100,000 | A | — | Feb 13, 2018 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F125% of the option shall vest on February 13, 2019, 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.
Remarks
Chief Executive Officer