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4//SEC Filing

FRYDMAN JEAN W 4

Accession 0000942708-05-000158

CIK 0001043873other

Filed

Jul 31, 8:00 PM ET

Accepted

Aug 1, 7:30 PM ET

Size

8.4 KB

Accession

0000942708-05-000158

Insider Transaction Report

Form 4
Period: 2005-07-28
FRYDMAN JEAN W
VP & General Counsel
Transactions
  • Disposition to Issuer

    Stock Option (right to buy)

    2005-07-28100,0000 total
    Exercise: $1.98Exp: 2014-05-16Common Stock (100,000 underlying)
  • Award

    Stock Option (right to buy)

    2005-07-28+100,000100,000 total
    Exercise: $1.98Exp: 2014-05-16Common Stock (100,000 underlying)
Footnotes (3)
  • [F1]33,333 options became exercisable on May 17, 2005, 33,333 become exercisable on May 17, 2006, and 33,334 become exercisable on May 17, 2007.
  • [F2]33,333 were exercisable on date of issue; 33,333 become exercisable on May 17, 2006 and 33,334 on May 17, 2007.
  • [F3]On July 28, 2005, the issuer canceled, pursuant to a disclosure and release agreement, a ten-year option grant to the reporting person on May 17, 2004 for 100,000 shares at $1.98 per share. In exchange, the reporting person received an option for 100,000 shares at $1.98 as described herein.

Issuer

NOVADEL PHARMA INC

CIK 0001043873

Entity typeother

Related Parties

1
  • filerCIK 0001295454

Filing Metadata

Form type
4
Filed
Jul 31, 8:00 PM ET
Accepted
Aug 1, 7:30 PM ET
Size
8.4 KB