SEC Form 3 · accession 0001042167-18-000002
VERU INC. · VERU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michele Greco
Officer — Executive VP of Finance
Period of report
Jan 4, 2018
Accepted (ET)
Jan 16, 2018 · 1:56 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000863894
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.01 per share | holding | — | — | — | 71,178 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock OptionF1 | $1.82 | holding | — | — | — | Apr 4, 2017 | Apr 4, 2026 | Common Stock | 15,000 | — | D |
| Common Stock OptionF2 | $1.20 | holding | — | — | — | Aug 2, 2018 | Aug 2, 2027 | Common Stock | 44,792 | — | D |
| Common Stock OptionF3 | $1.05 | holding | — | — | — | Dec 4, 2018 | Dec 4, 2027 | Common Stock | 105,209 | — | D |
| Common Stock OptionF4 | $1.22 | holding | — | — | — | Dec 14, 2018 | Dec 14, 2027 | Common Stock | 78,508 | — | D |
Explanation of responses
- F1Options for one-half of the shares vested on April 4, 2017 and the remaining one-half on April 4, 2018.
- F2Options for one-third of the shares vest on each of August 2, 2018, August 2, 2019 and August 2, 2020.
- F3Options for one-third of the shares vest on each of December 4, 2018, December 4, 2019 and December 4, 2020.
- F4Options for all of the shares vest on December 14, 2018.