Danny J Hart, PDL BioPharma's VP Business Development, recently acquired 199,019 shares of the company. The buys took place at $2.04 per share, on March 04, 2017. Hart now owns 387,236 shares of the company. Hart operates out of Incline Village, NV. Some additional info was provided as follows:
The restricted stock will vest, provided that the officer remains employed by the Company and certain performance goals are achieved, based upon the following schedule: 50% on December 2018; 16.66% on December 2019; 16.66% on December 2020; and 16.66% on December 2021.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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Other recent filings from the company include the following:
Regulation FD - Feb. 21, 2018
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