SEC Form 4 · accession 0001123292-16-002211
VIVUS INC · VVUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Y Norton
Director
Period of report
Apr 29, 2016
Accepted (ET)
May 4, 2016 · 11:55 am EDT
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Apr 29, 2016 | A | 37,500 | A | — | — | Common Stock | 37,500 | 37,500 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of VIVUS, Inc. common stock.
- F2The restricted stock units vest according to the following schedule: 7/12ths of the total restricted stock units vest on May 30, 2016, and an additional 1/12th of the total restricted stock units vest on the last day of each calendar month thereafter, subject to the individual continuing to be a Service Provider (as defined in the 2010 Equity Incentive Plan) on the relevalent vesting dates.