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4//SEC Filing

SELTZER REUBEN 4

Accession 0000945769-12-000026

CIK 0000887497other
View on SEC.govCompany Profile

Filed

Oct 14, 8:00 PM ET

Accepted

Oct 15, 4:29 PM ET

Size

13.4 KB

Accession

0000945769-12-000026

Insider Transaction Report

Form 4
Period: 2012-10-11
HI TECH PHARMACAL CO INCHITK
SELTZER REUBEN
Director10% Owner
Transactions
  • Sale

    Common Stock

    2012-10-11$33.18/sh−9,293$308,342→ 531,867 total
  • Sale

    Common Stock

    2012-10-11$34.01/sh−707$24,045→ 531,160 total
  • Sale

    common Stock

    2012-10-12$33.01/sh−11,250$371,363→ 531,160 total
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2012-10-12−11,250→ 0 total
    Exercise: $8.31From: 2003-12-02Exp: 2012-12-02→ Common Stock (11,250 underlying)
  • Exercise/Conversion

    Common Stock

    2012-10-12$8.31/sh+11,250$93,488→ 542,410 total
Holdings

  • Common Stock

    (indirect: By Spouse)
    300,108
Footnotes (6)
  • [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.00 to $33.64, inclusive. The reporting person undertakes to provide Hi-Tech Pharmacal Co., Inc., any security holder of Hi-Tech Pharmacal Co., Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes (1), (2) and (3) of this Form 4.
  • [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.00 to $34.11, inclusive.
  • [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.85 to $33.19, inclusive.
  • [F4]Stock Option granted under Hi-Tech Pharmacal Co., Inc.'s Amended and Restated Stock Option Plan, which is a Rule 16b-3 Plan.
  • [F5]The option became exercisable in four (4) eqial annual installments beginning on the first anniversary of the grant date.
  • [F6]Other than the option reflected on this form as exercised by Mr. Seltzer, Mr. Seltzer is also the holder of options to acquire an aggregate 276,250 shares of Hi-Tech Common Stock, which options were granted on various dates, with various exercise prices, exercise dates and expiration dates.

Documents

1 file

Issuer

HI TECH PHARMACAL CO INC

CIK 0000887497

→
Entity typeother

Related Parties

1
  • filerCIK 0001142334

Filing Metadata

Form type
4
Filed
Oct 14, 8:00 PM ET
Accepted
Oct 15, 4:29 PM ET
Size
13.4 KB
View on SEC.gov