Between 10/01 and 12/31... these filings are always 45- 135 days behind reality. Also State Farm sold all its shares 2.2mil... So that was not exactly good news but it is overhang that is gone from a large holder that had been selling so good news in that respect,
Probably needed to generate losses in a year of profits for State Farm,
In connection with this appointment, Metabolix granted Shaulson inducement equity awards in accordance with NASDAQ Listing Rule 5635(c)(4). The grants, which were made outside the Metabolix 2006 Stock Option and Incentive Plan, were approved by the Compensation Committee of the Company's Board of Directors, and the Board of Directors, as an inducement material to Shaulson's entering into employment with Metabolix. The inducement grants to Shaulson consist of (i) nonqualified options to purchase 1,150,000 shares of Metabolix common stock with a 10-year term and an exercise price equal to the closing price of the Company's common stock on the date of grant; (ii) up to 600,000 shares of common stock that vest in various percentages once certain Metabolix stock price or revenue based targets are achieved; and (iii) the sale of 250,000 shares of Metabolix common stock to Shaulson on his start date at a price 10% below the closing price of the Company's common stock on today's date (subject to a 1-year holding period). Shaulson's stock option for 1,150,000 shares will vest as follows: 25% on the second anniversary of his start date, 25% on the third anniversary of his start date and the remaining 50% on the fourth anniversary of his start date, subject to his continued employment with Metabolix over such period, or other employment termination events that could continue the vesting terms. In the event of a change of control, all of Shaulson's unvested options will become fully-vested immediately.