BULKLEY BENJAMIN 4
4 · INVITROGEN CORP · Filed May 17, 2005
Insider Transaction Report
Form 4
INVITROGEN CORPIVGN
Transactions
- Award
Restricted Share Units
2005-05-13+3,000→ 7,500 totalExercise: $0.00→ Common Stock (3,000 underlying) - Award
Incentive Stock Option (right to buy)
2005-05-13+1,301→ 1,301 totalExercise: $76.86Exp: 2015-05-13→ Common Stock (1,301 underlying) - Award
Non-Qualified Stock Option (right to buy)
2005-05-13+11,199→ 11,199 totalExercise: $76.86Exp: 2015-05-13→ Common Stock (11,199 underlying)
Footnotes (3)
- [F1]Option vesting is over a 4 year period, vesting 25% on each anniversary of the May 13, 2005 grant date, contingent upon continued service to Invitrogen.
- [F2]The restricted share units shall vest 100% on the third anniversary of the May 13, 2005 grant date.
- [F3]Once vested, restricted share units do not expire. They can be converted into shares of Invitrogen common stock upon the termination of the Director's service to the Registrant.