AI assistant
Niagen Bioscience, Inc. — Director's Dealing 2010
May 26, 2010
32418_dirs_2010-05-26_9c584fb0-40db-4ba1-b094-26feb59ea8fc.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4/A — Form 4/A
Issuer: ChromaDex Corp. (CDXC.OB)
CIK: 0001386570
Period of Report: 2010-05-20
Reporting Person: Varvaro Thomas C (CFO, Secretary)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Options (right to buy) | $1.545 | 2020-05-20 | Common Stock (614250) | 614250 | Direct |
| Employee Stock Options (right to buy) | $1.545 | 2020-05-20 | Common Stock (614250) | 614250 | Direct |
| Employee Stock Options (right to buy) | $1.545 | 2020-05-20 | Common Stock (200000) | 200000 | Direct |
| Employee Stock Options (right to buy) | $1.545 | 2020-05-20 | Common Stock (200000) | 200000 | Direct |
| Employee Stock Options (right to buy) | $1.545 | 2020-05-20 | Common Stock (75000) | 75000 | Direct |
Footnotes
F1: This amendment is being filed to correct a Form 4 filed by the Reporting Person on May 24, 2010 with respect to dates exercisable and expiration dates of options granted on May 20, 2010.
F2: Options vest 33 1/3% over three years beginning on May 20, 2011.
F3: Options vest 33 1/3% over three years beginning 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 certain Subscription Agreement, dated as of April 22, 2010, between the Issuer and the subscribers named therein. Specifically, if 25% to 49.9% of such warrants have been exercised, then 25% of these options are exercisable; if 40% to 74.9% of such warrants 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.
F4: Options vest over four years with cliff vesting of 25% on May 20, 2011 and 1/36 of the total vesting per month over the remaining three years.