SEC Form 4 · accession 0001123292-16-001619
VIVUS INC · VVUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark K Oki
Officer — Chief Financial Officer & CAO
Period of report
Jan 22, 2016
Accepted (ET)
Jan 26, 2016 · 6:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000881524
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 | $1.06 | Jan 22, 2016 | A | 93,500 | A | — | Jan 22, 2023 | Common Stock | 93,500 | 93,500 | D |
Explanation of responses
- F1Twenty-five percent (25%) of the total number of shares underlying the option shall vest and become exercisable on January 22, 2017, and one forty-eighth (1/48th) of the total number of shares underlying the option will vest and become exercisable on the 22nd of each month thereafter, subject to such individual continuing to be a Service Provider (as defined in the 2010 Equity Incentive Plan) on the relevant vesting dates.