ALPHARMA INC 4
4 · ALPHARMA INC · Filed Jun 7, 2007
Insider Transaction Report
Form 4
ALPHARMA INCALO
TOMBROS PETER
Director
Transactions
- Award
Restricted Stock Unit
2007-06-05+7,675→ 13,675 total→ Common Stock A (7,675 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 5, 2007 was $25.41.
- [F2]Restricted Stock Units vest immediately upon Reporting Persons retirement from the Issuer's Board of Directors (the "Board").
- [F3]Restricted Stock Units do not have an expiration date, but they are subject to forferture if the Reporting Person voluntarily resigns from the Board, subject to the terms and conditions of the Restricted Stock Unit Award Agreement.