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Biotech / Medical : NPSP NPS Pharmaceutical -- Ignore unavailable to you. Want to Upgrade?


To: Biotech Jim who wrote (306)5/15/2006 11:00:07 PM
From: rkrw  Read Replies (1) | Respond to of 363
 
Option grant, not a purchase. Heads he wins, tails he wins. Nice being a ceo.

Explanation of Responses:
1. The option becomes exercisable based on the following four-year vesting schedule: 28% on the first anniversary of the grant, and 2% each month thereafter.