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VLRX Valeritas Holdings Inc

0.2568
0.00 (0.00%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Valeritas Holdings Inc NASDAQ:VLRX NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.2568 0.25 0.2549 0 01:00:00

Initial Statement of Beneficial Ownership (3)

23/01/2020 9:36pm

Edgar (US Regulatory)


FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL
OMB Number: 3235-0104
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hours per response...
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Hansen Melanie R.
2. Date of Event Requiring Statement (MM/DD/YYYY)
1/13/2020 

3. Issuer Name and Ticker or Trading Symbol

Valeritas Holdings Inc. [VLRX]
(Last)        (First)        (Middle)

C/O VALERITAS HOLDINGS, INC., 750 ROUTE 202 SOUTH, SUITE 600
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
See Remarks /
(Street)

BRIDGEWATER, NJ 08807      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 62 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (Right to Buy)  (1)6/12/2027 Common Stock 117.0 $98.4 D  
Employee Stock Option (Right to Buy)  (2)2/13/2028 Common Stock 25.0 $61.4 D  
Employee Stock Option (Right to Buy)  (3)11/20/2028 Common Stock 300.0 $8.2 D  
Employee Stock Option (Right to Buy)  (4)3/7/2029 Common Stock 775.0 $8.6 D  

Explanation of Responses:
(1) 25% of the option became vested on June 12, 2018, the one-year anniversary of the date of grant. The remaining shares underlying the option vest in substantially equal quarterly installments for twelve (12) quarters after such one-year anniversary.
(2) 25% of the option became vested on February 13, 2019, the one-year anniversary of the date of grant. The remaining shares underlying the option vest in substantially equal quarterly installments for eight (8) quarters after such one-year anniversary.
(3) 50% of the option became vested on November 20, 2019, the one-year anniversary of the date of grant. The remaining shares underlying the option vest in substantially equal quarterly installments for four (4) quarters after such one-year anniversary.
(4) 25% of the option shall vest on March 7, 2020, the one-year anniversary of the date of grant. The remaining shares underlying the option vest in substantially equal quarterly installments for eight (8) quarters after such one-year anniversary.

Remarks:
Interim Corporate Controller and Treasurer (Principal Accounting Officer)

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Hansen Melanie R.
C/O VALERITAS HOLDINGS, INC.
750 ROUTE 202 SOUTH, SUITE 600
BRIDGEWATER, NJ 08807


See Remarks

Signatures
/s/ Melanie Hansen1/23/2020
**Signature of Reporting PersonDate

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