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Niagen Bioscience, Inc. — Director's Dealing 2010
May 25, 2010
32418_dirs_2010-05-24_bf7de41e-90a0-47c8-8291-6736c5ee5158.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ChromaDex Corp. (CDXC.OB)
CIK: 0001386570
Period of Report: 2010-05-20
Reporting Person: GERMAIN MARK (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-05-20 | Employee Stock Options (right to buy) | $1.545 | A | 282100 | Disposed | 2020-05-20 | Common Stock (282100) | Direct |
| 2010-05-20 | Employee Stock Options (right to buy) | $1.545 | A | 282100 | Disposed | 2020-05-20 | Common Stock (282100) | Direct |
| 2010-05-20 | Employee Stock Options (right to buy) | $1.545 | A | 67500 | Disposed | 2020-05-20 | Common Stock (67500) | Direct |
Footnotes
F1: Options vest 50% over two years beginning on May 20, 2011.
F2: Options vest 50 over two years beginning on May 20, 2011; provided further that, these options are only exercisable based on the percentage of warrants exercised as of such vesting date that were issued under that certian Subscription Agreement, dated as of April 22, 2010, between the Issuer and the subscribers named therein. Specifically, if 25% to 49.9% of such warrant have been exercised, then 25% of these options are exercisable; if 50% to 74.9% of such warrant have been exercised, then 50% of these options are exercisable; and if 75% or more of such warrants have been exercised, then 100% of these options are exercisable.
F3: Options vest 1/12 every month for twelve months and will be 100% vested May 20, 2011