PRICE MICHAEL DENNIS 4
4 · BENTLEY PHARMACEUTICALS INC · Filed Aug 10, 2005
Insider Transaction Report
Form 4
PRICE MICHAEL DENNIS
VP, CFO, Secretary & Treasurer
Transactions
- Tax Payment
Common Stock, $.02 par value
2005-08-08$12.05/sh−5,275$63,564→ 166,631 total - Exercise/Conversion
Common Stock, $.02 par value
2005-08-08$4.73/sh+8,600$40,678→ 171,906 total - Exercise/Conversion
Right to purchase
2005-08-08−8,600→ 124,400 totalExercise: $4.73From: 2000-01-06Exp: 2006-04-19→ Common Stock, $.02 par value (8,600 underlying)
Holdings
- 7,400(indirect: By 401(k))
Common Stock, $.02 par value
- 4,459(indirect: By Spouse)
Common Stock, $.02 par value
Footnotes (2)
- [F1]Represents previously-owned shares tendered to the Company to pay the option price for the above shares, and shares withheld by the Company (that were otherwise issuable upon exercise) to satisfy minimum federal tax withholding requirements in respect of the option exercises.
- [F2]Options to purchase 400,000 shares of Common Stock were granted pursuant to terms approved by the Company's shareholders at the Annual Meeting of Shareholders on June 14, 1996. These options became exercisable in three equal installments on 6/12/96, 12/10/99 and 1/6/00 at exercise prices of $2.89, $3.68 and $4.73, respectively.