Scotland Richard A 4
4 · GTC BIOTHERAPEUTICS INC · Filed Jul 2, 2009
Insider Transaction Report
Form 4
Scotland Richard A
Senior VP, Regulatory Affairs
Transactions
- Tax Payment
Common Stock
2009-06-30$2.66/sh−1,165$3,099→ 10,631 total
Holdings
- 4,603(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]The shares reported were withheld to pay a tax liability in connection with the vesting of restricted stock units, which units were previously reported on a prior Form 4 filed by Mr. Scotland.
- [F2]On May 26, 2009 the issuer effected a one-for-ten reverse stock split of its outstanding common stock, resulting in the reporting person owning 106,178 fewer shares of common stock.
- [F3]On May 26, 2009 the issuer effected a one-for-ten reverse stock split of its outstanding common stock, resulting in the reporting person owning 41,436 fewer shares of common stock in his 401(k).