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SEC Filings

S-1/A
PROTEON THERAPEUTICS INC filed this Form S-1/A on 10/07/2014
Entire Document
 

 

7.                                      I understand that if I dispose of any shares received by me pursuant to the Purchase Plan within two years after the Plan Period Commencement Date (the first day of a Plan Period during which I purchased such shares) or one year after the Plan Period Termination Date, I will be treated for federal income tax purposes as having received ordinary income at the time of such disposition in an amount equal to the excess of the fair market value of the shares at the time such shares were purchased by me over the price which I paid for the shares.  I hereby agree to notify the Company in writing within five (5) business days after the date of any disposition of my shares, and I will make adequate provision for federal, state or other tax withholding obligations, if any, which arise upon the disposition of the Common Stock.  The Company may, but will not be obligated to, withhold from my compensation the amount necessary to meet any applicable withholding obligation, including any withholding necessary to make available to the Company any tax deductions or benefits attributable to the sale or early disposition of Common Stock by me.

 

If I dispose of such shares at any time after the expiration of the applicable holding periods, I understand that I will be treated for federal income tax purposes as having received income only at the time of such disposition, and that such income will be taxed as ordinary income only to the extent of an amount equal to the lesser of (a) the excess of the fair market value of the shares at the time of such disposition over the purchase price which I paid for the shares or (b) 15% of the fair market value of the shares on the first day of the Plan Period.  The remainder of the gain, if any, recognized on such disposition will be taxed as capital gain.

 

8.                                      I hereby agree to be bound by the terms of the Purchase Plan.  The effectiveness of this Enrollment Agreement is dependent upon my eligibility to participate in the Purchase Plan.

 

9.                                      I hereby agree to establish a brokerage account with                      and to fill out and submit the necessary forms to allow the Company to deposit shares purchased on my behalf under the Purchase Plan in such account, if I have not done so already.

 

10.                               In the event of my death, I hereby designate the following as my beneficiary(ies) to receive all payments and shares due me under the Purchase Plan:

 

BENEFICIARY NAME: (Please print)

 

 

 

 

(First)

(Middle)

(Last)

 

 

 

 

 

 

 

 

Relationship

 

 

 

 

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