THONG ROBERT 4
4 · ALPHARMA INC · Filed May 27, 2004
Insider Transaction Report
Form 4
ALPHARMA INCALO
THONG ROBERT
Director
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2003-05-20+11,800→ 11,800 totalExercise: $19.00Exp: 2013-05-20→ Common Stock A (11,800 underlying) - Award
Performance Shares
2004-05-25$19.58/sh+5,000$97,900→ 5,000 totalExercise: $19.58→ Common Stock A (5,000 underlying)
Footnotes (6)
- [F1]The Director Option shall vest in full on the date of the first annual meeting of stockholders following the date of grant of such option.
- [F2]These are Restricted Stock Units.
- [F3]The closing price of Alpharma Class A Common stock on May 25, 2004 was $19.58.
- [F4]The closing price of Alpharma Class A Common Stock on May 25, 2004 was $19.58.
- [F5]These units are restricted and do not vest until 12 months following retirement from the Board. Vested units will be delivered in shares. In addition, directors can elect to defer receipt by making an election in advance.
- [F6]There is no expiration date, but a risk of forfeiture if the director is removed from the Board.