4//SEC Filing
ALPHARMA INC 4
Accession 0000730469-05-000063
CIK 0000730469operating
Filed
Jun 26, 8:00 PM ET
Accepted
Jun 27, 2:06 PM ET
Size
10.1 KB
Accession
0000730469-05-000063
Insider Transaction Report
Form 4
ALPHARMA INCALO
JACOBS WILLIAM
Director
Transactions
- Award
Restricted Stock Unit
2005-06-23+5,000→ 10,000 totalExercise: $0.00→ Common Stock A (5,000 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit represents the right to receive one share of the Issuer's Class A Common Stock, for no additional consideration, upon the vesting of such Restricted Stock Unit, all in accordance with the terms and conditions of the Restricted Stock Unit Award Agreement, dated as of the date of the grant between the Reporting Person and the Issuer. For informational purposes only , the closing price of the Issuer's Class A Common Stock on June 23, 2005 was $14.39.
- [F2]Restricted Stock Units do not vest until twelve months following the Reporting Persons retirement from the Issuer's Board of Directors (the "Board"). Subject to all applicable federal, state and local laws regarding the deferral of director compensation, the Reporting Person may elect to defer receipt of the Class A Common Stock by making an election, in accordance with the Issuer's Amended and Restated Deferred Compensation Plan.
- [F3]Restricted Stock Units do not have an expiration date, but they are subject to forferture if the Reporting Person resigns from the Board, subject to the terms and conditions of the Restricted Stock Unit Award Agreement.
Issuer
ALPHARMA INC
CIK 0000730469
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000730469
Filing Metadata
- Form type
- 4
- Filed
- Jun 26, 8:00 PM ET
- Accepted
- Jun 27, 2:06 PM ET
- Size
- 10.1 KB