Lanthier John Spencer 4
4 · BIOVAIL Corp · Filed May 25, 2010
Insider Transaction Report
Form 4
BIOVAIL Corpbvf
Lanthier John Spencer
Director
Transactions
- Award
Deferred Share Units
2010-05-21+12,323→ 45,963 total→ Common Stock, no par value (12,323 underlying)
Footnotes (2)
- [F1]Each Deferred Share Unit ("DSU") entitles its holder, upon ceasing to be a director, to receive an amount of cash having the same value as one share of Common Stock, no par value, of Biovail Corporation (the "Corporation") at such time.
- [F2]Annual grant of DSUs within three business days following the election or appointment of any Director pursuant to the Corporation's DSU plan.