UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Restricted Stock Units | Â (1)(4) | 08/10/2018 | Common Stock | 109,296 | $ 0 | D | Â |
Restricted Stock Units | Â (2)(4) | 03/01/2019 | Common Stock | 35,000 | $ 0 | D | Â |
Restricted Stock Units | Â (3)(4) | 02/06/2020 | Common Stock | 25,000 | $ 0 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Plesha Scott M. C/O BIODELIVERY SCIENCES INTL, INC., 4131 PARKLAKE AVE. SUITE 225 RALEIGH, NC 27612 |
 |  |  President |  |
/s/ Scott M Plesha | 01/02/2018 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The Restricted Stock Units (each a "RSU") were issued to Scott M. Plesha (the "Reporting Person") on August 10, 2015, pursuant to a grant under the Issuer's 2011 Equity Incentive Plan, as amended (the "Plan"). The RSUs vested as to one-third on, (i) August 10, 2016; and; (ii) August 10, 2017. One-third of the RSUs will vest on August 10, 2018. |
(2) | The RSUs were issued to the Reporting Person on February 29, 2016, pursuant to a grant under the Plan. The RSUs vested as to one-third on March 1, 2017. One-third of the RSUs will vest on each of, (i) March 1, 2018; and (ii) March 1, 2019. |
(3) | The RSUs were issued to the Reporting Person on February 6, 2017, pursuant to a grant under the Plan. One-third of the RSUs will vest on each of, (i) February 6, 2018; (ii) February 6, 2019; and (iii) February 6, 2020. |
(4) | Upon vesting, each RSU entitles the Reporting Person to one share of the Issuer's common stock. The Reporting Person has been granted the right to elect to defer actual payment of a vested RSU award, subject to compliance with Internal Revenue Code Section 409A. |