KELLMAN DAVID J 4
4 · CHEM RX CORP · Filed Jan 21, 2009
Insider Transaction Report
Form 4
CHEM RX CORPCHRX.OB
KELLMAN DAVID J
Director
Transactions
- Award
Common Stock, $0.0001 par value
2009-01-16+10,964→ 17,674 total
Holdings
- 7,000
Warrants
Exercise: $5.00From: 2007-10-26Exp: 2009-10-20→ Common Stock (7,000 underlying)
Footnotes (2)
- [F1]Represents shares were granted pursuant to a compensation program for the reporting person's service as a non-employee director.
- [F2]Includes (i) 1,572, 1,572 and 1,573 restricted shares which vest on the first, second and third anniversaries, respectively, of January 24, 2008, the date of the award and (ii) 8,772 restricted shares of which 2,193 shares vest on each of March 31, 2009, June 30, 2009, September 30, 2009 and December 31, 2009. As to such 13,489 shares referenced in (i) and (ii) of this footnote, if the reporting person ceases to be a director for any reason, the shares that are unvested at such time are forfeited. Until vested, such shares may not be transferred or encumbered.