SEC Form 4 · accession 0001209191-15-007749
INSITE VISION INC · INSV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Louis Drapeau
Officer — Vice President and CFO
Period of report
Jan 28, 2015
Accepted (ET)
Jan 30, 2015 · 12:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000802724
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 | $0.21 | Jan 28, 2015 | A | 300,000 | A | Jan 28, 2016 | Jan 28, 2025 | Common Stock | 300,000 | 300,000 | D |
Explanation of responses
- F1The option is scheduled to vest as to 25% of the shares covered by the option on the first anniversary of the grant date and as to the remaining 75% of the shares on a daily basis over the three-year period thereafter.