SEC Form 3 · accession 0001123292-15-001225
VIVUS INC · VVUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Johann Noor Mohamed
Officer — Interim CFO & Interim CAO
Period of report
Oct 1, 2015
Accepted (ET)
Oct 5, 2015 · 4:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000881524
Table I — non-derivative securities
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)F3 | $18.71 | holding | — | — | — | — | Oct 24, 2022 | Common Stock | 15,000 | — | D |
| Employee Stock Option (right to buy)F4 | $12.39 | holding | — | — | — | — | Jan 25, 2023 | Common Stock | 2,500 | — | D |
| Employee Stock Option (right to buy)F5 | $7.75 | holding | — | — | — | — | Jan 28, 2021 | Common Stock | 11,300 | — | D |
| Employee Stock Option (right to buy)F6 | $2.74 | holding | — | — | — | — | Jan 23, 2022 | Common Stock | 26,400 | — | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of VIVUS, Inc. common stock.
- F2The total amount of securities beneficially owned includes awards totaling 54,714 restricted stock units ("RSUs"), of which 50,225 are unvested. The RSUs vest on various dates between July 1, 2014 and January 1, 2019, subject to the reporting person continuing to be a Service Provider (as defined in the Issuer's 2010 Equity Incentive Plan) on the relevant vesting dates.
- F3Twenty-five percent (25%) of the total number of shares underlying the option vested and became exercisable on October 1, 2013, and one forty-eighth (1/48th) of the total number of shares underlying the option vest on the 1st of each month thereafter, subject to the reporting person continuing to be a Service Provider (as defined in the Issuer's 2010 Equity Incentive Plan) on the relevant vesting dates.
- F4Twenty-five percent (25%) of the total number of shares underlying the option vested and became exercisable on January 25, 2014, and one forty-eighth (1/48th) of the total number of shares underlying the option vest on the 25th of each month thereafter, subject to the reporting person continuing to be a Service Provider (as defined in the Issuer's 2010 Equity Incentive Plan) on the relevant vesting dates.
- F5Twenty-five percent (25%) of the total number of shares underlying the option vested and became exercisable on January 28, 2015, and one forty-eighth (1/48th) of the total number of shares underlying the option vest on the 28th of each month thereafter, subject to the reporting person continuing to be a Service Provider (as defined in the Issuer's 2010 Equity Incentive Plan) on the relevant vesting dates.
- F6Twenty-five percent (25%) of the total number of shares underlying the option will vest and become exercisable on January 23, 2016, and one forty-eighth (1/48th) of the total number of shares underlying the option will vest on the 23rd of each month thereafter, subject to the reporting person continuing to be a Service Provider (as defined in the Issuer's 2010 Equity Incentive Plan) on the relevant vesting dates.