SEC Form 4 · accession 0001354488-15-002967
PALATIN TECHNOLOGIES INC · PTN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Zola P Horovitz
Director
Period of report
Jun 11, 2015
Accepted (ET)
Jun 12, 2015 · 4:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000911216
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 option (right to buy)F1 | $1.08 | Jun 11, 2015 | A | 20,000 | A | Jul 31, 2015 | Jun 11, 2025 | common stock | 20,000 | 20,000 | D |
| restricted share unitsF2 | $0.00 | Jun 11, 2015 | A | 20,000 | A | Jun 11, 2016 | Jun 11, 2016 | common stock | 20,000 | 20,000 | D |
Explanation of responses
- F1The options vest at the rate of 1/12 per month on the last day of each month, starting on July 31, 2015.
- F2Each restricted share unit represents the right to receive on vesting, without further payment, one share of common stock.