MCGOVERN MICHAEL 4

Accession 0000821616-07-000007

CIK 0000821616other

View on SEC.gov Company Profile

Filed

May 24, 8:00 PM ET

Accepted

May 25, 2:57 PM ET

Size

31.8 KB

Accession

0000821616-07-000007

Insider Transaction Report

Form 4

Period: 2007-05-23

BENTLEY PHARMACEUTICALS INCBNT

MCGOVERN MICHAEL

Director10% Owner

Transactions

Award
Restricted Stock Units
2007-05-23+8,000→ 8,000 total
→ Common Stock, $0.02 par value (8,000 underlying)

Holdings

Right to purchase
Exercise: $6.00Exp: 2011-05-09→ Common Stock, $0.02 par value (69,200 underlying)
69,200
Restricted Stock Units
→ Common Stock, $0.02 par value (8,000 underlying)
8,000
Common Stock, $0.02 par value
(indirect: By Spouse)
100,000
Right to purchase
Exercise: $10.04Exp: 2013-05-21→ Common Stock, $0.02 par value (70,000 underlying)
70,000
Right to purchase
Exercise: $12.50Exp: 2014-06-07→ Common Stock, $0.02 par value (20,000 underlying)
20,000
Right to purchase
Exercise: $9.80Exp: 2012-02-12→ Common Stock, $0.02 par value (50,000 underlying)
50,000
Right to purchase
Exercise: $10.79Exp: 2015-05-24→ Common Stock, $0.02 par value (80,000 underlying)
80,000
Right to purchase
Exercise: $8.80Exp: 2014-11-10→ Common Stock, $0.02 par value (60,000 underlying)
60,000
Right to purchase
Exercise: $9.00Exp: 2010-04-01→ Common Stock, $0.02 par value (25,000 underlying)
25,000
Right to purchase
Exercise: $9.15Exp: 2013-03-21→ Common Stock, $0.02 par value (40,000 underlying)
40,000
Right to purchase
Exercise: $11.71Exp: 2012-05-22→ Common Stock, $0.02 par value (30,000 underlying)
30,000
Common Stock, $0.02 par value
2,559,228

Footnotes (19)

[F1]Mr. McGovern provided his spouse a bona fide gift of 100,000 shares of Bentley Pharmaceuticals, Inc Common Stock on 12/7/2006.
[F10]Options were granted under terms of the Company's 2001 Directors' Stock Option Plan as remuneration for services as a member of the Board of Directors and/or Vice Chairman. Grant became exercisable in two equal installments on 2/12/2003 and 2/12/2004.
[F11]Options were granted under terms of the Company's 2001 Directors' Stock Option Plan as remuneration for services as a member of the Board of Directors and/or Vice Chairman. Grant became exercisable in two equal installments on 5/22/2003 and 5/22/2004.
[F12]Options were granted under terms of the Company's 2001 Directors' Stock Option Plan as remuneration for services as a member of the Board of Directors and/or Vice Chairman. Grant became exercisable in two equal installments on 6/21/2003 and 6/21/2004.
[F13]Options were granted under terms of the Company's 2001 Directors' Stock Option Plan as remuneration for services as a member of the Board of Directors and/or Vice Chairman. Grant became exercisable in two equal installments on 3/21/2004 and 3/21/2005.
[F14]Options were granted under terms of the Company's 2001 Directors' Stock Option Plan as remuneration for services as a member of the Board of Directors and/or Vice Chairman. Grant became exercisable in four equal installments on 7/31/2003, 10/31/2003, 1/31/2004 and 4/30/2004.
[F15]Options were granted under terms of the Company's 2001 Directors' Stock Option Plan as remuneration for services as a member of the Board of Directors and/or Vice Chairman. Grant became exercisable on 4/30/2004.
[F16]Options were granted under terms of the Company's 2001 Directors' Stock Option Plan as remuneration for services as a member of the Board of Directors. Grant became exercisable in four equal installments on 7/31/2004, 10/31/2004, 1/31/2005 and 4/30/2005.
[F17]Options were granted under terms of the Company's 2001 Directors' Stock Option Plan as remuneration for services as a member of the Board of Directors. Grant became exercisable in four equal installments on 7/31/2004, 10/31/2004, 1/31/2005 and 4/30/2005.
[F18]Options were granted under terms of the Company's 2005 Equity and Incentive Plan as remuneration for services as a member of the Board of Directors and/or Vice Chairman. Grant became exercisable in four equal installments on 7/31/2005, 10/31/2005, 1/31/2006 and 4/30/2006.
[F19]Restricted stock units were granted under the terms of the Company's Amended and Restated 2005 Equity and Incentive Plan. The units vested in four equal installments on 7/31/2006, 10/31/2006, 1/31/2007 and 4/30/2007 and the shares will be issued to the reporting person upon the earlier of (i) January 2, 2008 or (ii) the date he ceases to serve as a Director of the Company.
[F2]Each restricted stock unit represents a contingent right to receive one share of Bentley Pharmaceuticals, Inc. Common Stock, $0.02 par value.
[F3]Restricted stock units were granted under the terms of the Company's Amended and Restated 2005 Equity and Incentive Plan. The units vest in four equal installments on July 31, 2007, October 31, 2007, January 31, 2008 and April 30, 2008. Vested shares will be issued to the reporting person upon the earlier of (i) June 2, 2008 or (ii) the date he ceases to serve as a Director of the Company.
[F4]Options were granted under terms of the Company's 1991 Stock Option Plan as remuneration for services as a member of the Board of Directors and/or Vice Chairman. Grant became exercisable on 4/1/2001.
[F5]Options were granted under terms of the Company's 1991 Stock Option Plan as remuneration for services as a member of the Board of Directors and/or Vice Chairman. Grant became exercisable on 7/1/2001.
[F6]Options were granted under terms of the Company's 1991 Stock Option Plan as remuneration for services as a member of the Board of Directors and/or Vice Chairman. Grant became exercisable on 10/1/2001.
[F7]Options were granted under terms of the Company's 2001 Directors' Stock Option Plan as remuneration for services as a member of the Board of Directors and/or Vice Chairman. Grant became exercisable on 5/9/2002.
[F8]Options were granted under terms of the Company's 2001 Directors' Stock Option Plan as remuneration for services as a member of the Board of Directors and/or Vice Chairman. Grant became exercisable on 7/1/2002.
[F9]Options were granted under terms of the Company's 2001 Directors' Stock Option Plan as remuneration for services as a member of the Board of Directors and/or Vice Chairman. Grant became exercisable on 8/30/2002.

Documents

1 file

4
primary_doc.xmlPrimary
PRIMARY DOCUMENT

Issuer

BENTLEY PHARMACEUTICALS INC

CIK 0000821616

→

Entity typeother

Related Parties

filerCIK 0001031294

Filing Metadata

Form type: 4
Filed: May 24, 8:00 PM ET
Accepted: May 25, 2:57 PM ET
Size: 31.8 KB

View on SEC.gov