SEC Form 4 · accession 0001354488-17-000573
PALATIN TECHNOLOGIES INC · PTN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen T Wills
Officer — Executive VP and CFO/COO
Period of report
Jun 12, 2017
Accepted (ET)
Jun 13, 2017 · 4:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000911216
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jun 12, 2017 | M | 95,000 | $0.00 | A | 2,155,888 | D | |
| Common StockF3 | Jun 12, 2017 | F | 28,899 | $0.36 | D | 2,126,989 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares issued on vesting of restricted stock units.
- F2Each restricted stock unit represented the right to receive on vesting, without further payment, one share of common stock.
- F3Shares withheld by the issuer to pay employee withholding taxes, valued at $0.36 per share, the closing price on 06/09/2017, the business day immediately preceding the vesting date.