HI TECH PHARMACAL CO INC 4
4 · HI TECH PHARMACAL CO INC · Filed Nov 13, 2006
Insider Transaction Report
Form 4
PUGLISI ANTHONY J
Director
Transactions
- Award
Stock Option (Right to Buy)
2006-11-09$14.99/sh+11,250$168,638→ 11,250 totalExercise: $14.99From: 2007-11-09Exp: 2016-11-09→ Common Stock (11,250 underlying)
Footnotes (3)
- [F1]Option granted under Hi-Tech Pharmacal Co. Inc.'s 1994 Directors Stock Option Plan.
- [F2]The option becomes exercisable in four equal annual installments beginning on the first anniversary of the grant date.
- [F3]Other than the option to acquire 11,250 shares reflected on this form as acquired by Mr. Puglisi as a result of the option grant, Mr. Puglisi is also the holder of additional options to acquire 26,250 shares of Hi-Tech Common Stock (as adjusted for 3-for-2 stock split which was distributed on January 11, 2006 to shareholders of record on December 30, 2005), for a total of 37,500 options currently held by Mr. Puglisi, which options were granted on various dates, with various exercise prices, exercise dates and expiration dates.