SELTZER DAVID S 4
4 · HI TECH PHARMACAL CO INC · Filed Nov 14, 2011
Insider Transaction Report
Form 4
SELTZER DAVID S
DirectorCEO, President, Sec'y, Treas.10% Owner
Transactions
- Exercise/Conversion
Common Stock
2011-11-10$3.84/sh+112,500$432,000→ 1,286,620 total - Exercise/Conversion
Stock Option (Right to Buy)
2011-11-10−112,500→ 0 totalExercise: $3.84From: 2002-11-15Exp: 2011-11-15→ Common Stock (112,500 underlying)
Holdings
- 222,902(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]Stock Option granted under Hi-Tech Pharmacal Co., Inc.'s Amended and Restated Stock Option Plan, which is a Rule 16b-3 Plan
- [F2]The option became exercisable in four (4) equal installments beginning on the first anniversary of the grant date.
- [F3]Other than the option reflected on this form, Mr. Seltzer is also the holder of additional options to acquire an aggregate of 562,500 additional shares of Hi-Tech Common Stock, which options were granted on various dates, with various exercise prices, exercise dates and expiration dates.