SEC Form 4 · accession 0001209191-16-098298
TRANSENTERIX INC. · TRXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Joseph P Slattery
Officer — EVP and CFO
Period of report
Feb 12, 2016
Accepted (ET)
Feb 12, 2016 · 8:07 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000876378
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF1 | $3.82 | Feb 12, 2016 | A | 333,000 | A | — | Feb 12, 2026 | Common Stock | 333,000 | 333,000 | D |
| Restricted Stock UnitsF2,F3 | $0.00 | Feb 12, 2016 | A | 73,333 | A | — | — | Common Stock | 73,333 | 73,333 | D |
Explanation of responses
- F1Vests 25% on the first anniversary of the date of grant and 1/48th of the entire award monthly on the vesting date anniversary for 36 months, subject to acceleration as set forth in the Incentive Plan.
- F2Each restricted stock unit represents the right to receive one share of the Registrant's common stock.
- F3Forfeiture restrictions will lapse on the restricted stock units in three equal annual installments of 24,445, 24,444 and 24,444 on February 4, 2017, 2018 and 2019, as long as the Reporting Person remains in the employ of the Registrant, subject to acceleration as set forth in the Incentive Plan.