4//SEC Filing
ELITE PHARMACEUTICALS INC /DE/ 4
Accession 0000930413-08-000036
$ELTPCIK 0001053369operating
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 9:20 PM ET
Size
18.8 KB
Accession
0000930413-08-000036
Insider Transaction Report
Form 4
BERK BERNARD
DirectorChief Exec. Officer & Chairman
Transactions
- Award
Options
2003-06-03$2.01/sh+300,000$603,000→ 1,425,000 totalExercise: $2.01From: 2003-06-02Exp: 2013-06-02→ Common Stock (300,000 underlying) - Award
Options
2006-11-13$3.00/sh+300,000$900,000→ 1,425,000 totalExercise: $3.00Exp: 2016-11-13→ Common Stock (300,000 underlying) - Award
Options
2003-06-23$2.15/sh+225,000$483,750→ 1,425,000 totalExercise: $2.15From: 2005-09-02Exp: 2013-06-22→ Common Stock (225,000 underlying) - Award
Options
2005-09-02$2.69/sh+200,000$538,000→ 1,425,000 totalExercise: $2.69Exp: 2015-09-02→ Common Stock (200,000 underlying) - Purchase
Common Stock
2007-12-31$2.08/sh+2,500$5,200→ 192,300 total - Award
Options
2005-09-02$2.69/sh+400,000$1,076,000→ 1,425,000 totalExercise: $2.69Exp: 2015-09-02→ Common Stock (400,000 underlying)
Footnotes (4)
- [F1]They vest upon the closing of an exclusive product license for the United States national market, the entire European Union market or the Japan market or product sale transaction of all of the Company's ownership rights in the United States (only once for each individual product) for the Company's first "Non-Generic Opioid Drug" as to 150,000 options and for the Company's second "Non-Generic Opioid Drug" as to 150,000 options.
- [F2]See Remarks.
- [F3]100,000 of the options vested on September 2, 2006 and 100,000 of the options vested on September 2, 2007.
- [F4]Represents a previously granted option to purchase 300,000 shares of the Registrant's Common Stock of which the Reporting person waived and released any and all rights to receive or exercise such options as to 75,000 shares of Common Stock. The remaining 225,000 shares of Common Stock vested on September 2, 2005.
Documents
Issuer
ELITE PHARMACEUTICALS INC /DE/
CIK 0001053369
Entity typeoperating
IncorporatedNJ
Related Parties
1- filerCIK 0001053369
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 9:20 PM ET
- Size
- 18.8 KB