SELTZER DAVID S 4
4 · HI TECH PHARMACAL CO INC · Filed Jul 18, 2012
Insider Transaction Report
Form 4
SELTZER DAVID S
DirectorCEO, President, Sec'y, Treas.10% Owner
Transactions
- 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) - Gift
Common Stock
2012-07-17−1,000→ 1,285,945 total
Holdings
- 223,877(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 four (4) equal annual 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 562,500 shares of Hi-Tech Common Stock (for aggregate options to acquire a total of 612,500 shares of Common Stock), which options were granted on various dates, with varying exercise prices and exercisable and expiration dates.