SEC Form 4 · accession 0001042167-16-000192
VERU INC. · VERU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin Clifford Tayler
Officer — Executive VP Global Operations
Period of report
Jan 11, 2016
Accepted (ET)
Jan 12, 2016 · 4:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000863894
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Right to Receive Common StockF1 | $0.00 | Jan 11, 2016 | A | 6,667 | A | Jan 11, 2017 | Jan 11, 2019 | Common Stock | 6,667 | 6,667 | D |
| Right to Receive Common StockF2 | $0.00 | Jan 11, 2016 | A | 3,333 | A | Jan 11, 2017 | Jan 11, 2019 | Common Stock | 3,333 | 3,333 | D |
Explanation of responses
- F1The reporting person has the right to receive, on each of the first and second anniversaries of the date of grant, 2,222 shares of FHCO common stock and 2,223 shares of FHCO common stock on the third anniversary of the date of grant.
- F2The reporting person has the right to receive at his election, on each of the first, second and third anniversaries of the date of grant, either 1,111 shares of FHCO common stock or cash based on the market value of 1,111 shares of FHCO common stock as of the applicable anniversary date.