Van Every Michael Robert 4
4 · BIOVAIL Corp · Filed May 25, 2010
Insider Transaction Report
Form 4
BIOVAIL Corpbvf
Van Every Michael Robert
Director
Transactions
- Award
Deferred Share Units
2010-05-21+6,952→ 47,838 total→ Common Stock, no par value (6,952 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.