SEC Form 4 · accession 0001123292-17-001329
VIVUS INC · VVUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Braxton King
Director
Period of report
Jul 27, 2017
Accepted (ET)
Jul 31, 2017 · 8:28 pm 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $1.15 | Jul 27, 2017 | A | 125,000 | A | — | Jul 27, 2024 | Common Stock | 125,000 | 125,000 | D |
Explanation of responses
- F1One eighteenth (1/18) of the total number of shares underlying the option were fully vested on the date of grant, and one thirty-sixth (1/36) of the total number of shares underlying the option vest on the 24th of each month, beginning on August 24, 2017, 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.