INVENTIV HEALTH INC 4
4 · INVENTIV HEALTH INC · Filed Jan 22, 2008
Insider Transaction Report
Form 4
HERRING TERRELL G
DirectorPresident &COO,inVentiv Health
Transactions
- Tax Payment
Common Stock
2008-01-17$32.32/sh−985$31,835→ 59,284 total - Award
Common Stock
2008-01-18$32.55/sh+5,120$166,656→ 64,404 total - Tax Payment
Common Stock
2008-01-22$33.82/sh−1,449$49,005→ 62,955 total - Award
Stock option (right to buy)
2008-01-18$32.55/sh+24,137$785,659→ 169,098 totalExercise: $32.55Exp: 2018-01-18→ Common Stock (24,137 underlying)
Footnotes (5)
- [F1]The reported transaction relates to the payment of tax liability for the vesting of a security issued in accordance with Rule 16b-3.
- [F2]The reporting person was granted 5,120 restricted shares on January 18, 2008. These shares will vest in equal installments on the first four anniversaries of the date of issuance provided the reporting person continues to be employed by the Company on such dates.
- [F3]The price of the securities represents the closing price on the date of issuance. No consideration has been, or will be, received from the reporting person as result of granting, or upon vesting, of these shares.
- [F4]The 24,137 options issued to the reporting person on January 18, 2008 will vest and become exercisable in equal installments on the first four anniversaries of the date of issuance provided the reporting person continues to be employed by the Company on such dates.
- [F5]The derivative securities beneficial ownership reported in column 9 includes all options held by the reporting person following the reported transactions irrespective of class. The number of securities in the reported class is 24,137.