Stanford L Peng, Nivalis Therapeutics, Inc.'s See Remarks, just received 65,000 options from the company. The strike price of the options received was $11.31, and these expire on January 01, 2028. Peng now owns at least 65,000 options on the company.
Some additional info was provided as follows:
The exercise price is equal to the closing price per share of Common Stock as reported on the Nasdaq Global Market on the date of grant.
1/4th of the shares subject to the option become vested and exercisable on January 2, 2019 and 1/36th of the remaining shares subject to the option shall vest monthly thereafter.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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