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Niagen Bioscience, Inc. — Director's Dealing 2011
Mar 4, 2011
32418_dirs_2011-03-03_ed31d613-0f0b-4657-9b0e-0bd7968e751a.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: ChromaDex Corp. (CDXC.OB)
CIK: 0001386570
Period of Report: 2010-05-20
Reporting Person: BLOCK STEPHEN A (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 | 113750 | Acquired | 2020-05-20 | Common Stock (113750) | Direct |
| 2010-05-20 | Employee Stock Options (right to buy) | $1.545 | A | 113750 | Acquired | 2020-05-20 | Common Stock (113750) | Direct |
| 2010-05-20 | Employee Stock Options (right to buy) | $1.545 | A | 97500 | Acquired | 2020-05-20 | Common Stock (97500) | 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 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 of these options are exercisable; if 50% to 74% 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.
F3: Options vest 1/12 every month for twelve months.