SELTZER REUBEN 4
4 · HI TECH PHARMACAL CO INC · Filed Jul 17, 2012
Insider Transaction Report
Form 4
SELTZER REUBEN
Director10% Owner
Transactions
- Gift
Common Stock
2012-07-16−700→ 541,160 total - Award
Stock Option (Right to Buy)
2012-07-16+50,000→ 50,000 totalExercise: $32.59From: 2013-07-16Exp: 2022-07-16→ Common Stock (50,000 underlying)
Holdings
- 300,108(indirect: By Spouse)
Common Stock
Footnotes (4)
- [F1]The shares were disposed of by gift, for which no consideration was received.
- [F2]Stock Option granted under Hi-Tech Pharmacal Co., Inc.'s 2009 Stock Option Plan.
- [F3]The option becomes exercisable in 4 equal installments beginning on the first anniversary of the grant date.
- [F4]Other than the option to acquire 50,000 shares reflected on this form as acquired by the filer as a result of the option grant, the filer is also the holder of additional options to acquire 237,500 shares of Hi-Tech Common Stock (for aggregate options to acquire a total of 287,500 shares of Common Stock), which options were granted on various dates, with varying exercise prices and exercisable and expiration dates.