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4//SEC Filing

Molecular Insight Pharmaceuticals, Inc. 4

Accession 0001005477-07-003790

CIK 0001340752operating

Filed

Jun 27, 8:00 PM ET

Accepted

Jun 28, 10:34 AM ET

Size

7.0 KB

Accession

0001005477-07-003790

Insider Transaction Report

Form 4
Period: 2007-06-26
FRANK DANIEL
Director
Transactions
  • Award

    Stock Option (right to buy)

    2007-06-26+25,00025,000 total
    Exercise: $12.16From: 2008-05-15Common Stock, par value $0.01 per share (25,000 underlying)
Footnotes (3)
  • [F1]Daniel Frank is a director of Molecular Insight Pharmaceuticals, Inc. (the "Company"). The Amended and Restated 2006 Equity Incentive Plan of the Company provided for an option grant on May 15, 2007 to Mr. Frank. This grant was reviewed and affirmed by the Compensation Committee of the Company's Board of Directors on June 26, 2007.
  • [F2]This option terminates on the earlier of (i) May 15, 2017 or (ii) ninety (90) days after Mr. Frank ceases to be a director of the Company.
  • [F3]Mr. Frank owns (i) 139,113 shares of the common stock of the Company, par value $0.01 per share (the "Shares"), (ii) stock options to purchase 8,333 Shares at an exercise price of $4.00 per Share and (iii) stock options to purchase 25,000 Shares at an exercise price of $12.16 per Share. Mr. Frank is a Managing Director of Cerberus Capital Management, L.P., an affiliate of which, Cerberus Partners, L.P., owns certain securities of the Company, all of which are subject to the sole voting and investment authority of Stephen Feinberg. Mr. Feinberg, in his capacity as the holder of sole voting and investment authority of more than 10.0% of the Shares pursuant to Reg. 13d-3, separately files statements pursuant to Sections 13 and 16 of the Securities Exchange Act of 1934, as amended. Mr. Frank does not exercise any voting, investment or other authority with respect to the Shares separately reported by Mr. Feinberg and he disclaims beneficial ownership thereof.

Issuer

Molecular Insight Pharmaceuticals, Inc.

CIK 0001340752

Entity typeoperating
IncorporatedMA

Related Parties

1
  • filerCIK 0001340752

Filing Metadata

Form type
4
Filed
Jun 27, 8:00 PM ET
Accepted
Jun 28, 10:34 AM ET
Size
7.0 KB