HI TECH PHARMACAL CO INC 4
4 · HI TECH PHARMACAL CO INC · Filed Nov 19, 2007
Insider Transaction Report
Form 4
HIRSHAUT YASHAR
Director
Transactions
- Award
Stock Option (Right to Buy)
2007-11-15$9.65/sh+11,250$108,563→ 11,250 totalExercise: $9.65From: 2008-11-15Exp: 2017-11-15→ Common Stock (11,250 underlying)
Holdings
- 22,000
Common Stock
Footnotes (3)
- [F1]Stock Option granted under Hi-Tech Pharmacal Co., Inc.'s Director's 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, Dr. Hirshaut is also the holder of additional options to acquire 93,125 shares of Hi-Tech Common Stock (for total options to acquire an aggegate of 104,375 shares currently held by Dr. Hirshaut) which options were granted on various dates, with various exercise prices, exercise dates and expiration dates.