PRENDERGAST JOHN K A bought PTN
July 15, 2024 · Form 4 insider transaction
PRENDERGAST JOHN K A bought 23,000 shares of Palatin Technologies, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as z and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
The option vests on June 4, 2025, and in the event that the director does not serve until June 30, 2025, is prorated based on the period of service at the rate of 1/12 per month on the last day of each month, starting on July 31, 2024. The options were granted by the Compensation Committee on June 4, 2024, which grant was subject to certification by the Chief Financial Officer that the shareholders had increased the shares reserved under the 2011 Stock Incentive Plan, and that there were no impediments to the grant of the options. The required certification was made on July 15, 2024.