SEC Form 4 · accession 0001654954-18-007109
PALATIN TECHNOLOGIES INC · PTN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Angela Rossetti
Director
Period of report
Jun 26, 2018
Accepted (ET)
Jun 28, 2018 · 4:42 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 | Jun 26, 2018 | A | 28,000 | $0.00 | A | 343,333 | D |
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)F2 | $1.00 | Jun 26, 2018 | A | 28,000 | A | Jul 31, 2018 | Jun 26, 2028 | Common Stock | 28,000 | 28,000 | D |
Explanation of responses
- F1Restricted share units granted under the 2011 Stock Incentive Plan, each of which represents the right to receive, without further payment, one share of common stock. The restricted share units vest on June 26, 2019.
- F2The options vest at the rate of 1/12 per month on the last day of each month, starting on July 31, 2018.