HERRING TERRELL G 4
4 · INVENTIV HEALTH INC · Filed Jan 20, 2009
Insider Transaction Report
Form 4
HERRING TERRELL G
DirectorPresident &COO,inVentiv Health
Transactions
- Award
Common Stock
2009-01-15$10.82/sh+34,722$375,692→ 102,607 total - Tax Payment
Common Stock
2009-01-18$10.59/sh−599$6,343→ 101,022 total - Award
Stock option (right to buy)
2009-01-15$10.82/sh+151,258$1,636,612→ 260,980 totalExercise: $10.82Exp: 2019-01-15→ Common Stock (151,258 underlying) - Tax Payment
Common Stock
2009-01-17$10.59/sh−986$10,442→ 101,621 total
Footnotes (6)
- [F1]The reporting person was granted 34,722 restricted shares on January 15, 2009. These shares will vest in equal installments on the first four anniversaries of the grant date, provided the reporting person continues to be employed by the Company through such dates.
- [F2]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.
- [F3]The reported transaction relates to the payment of tax liability for the vesting of a security issued in accordance with Rule 16b-3.
- [F4]The reported transaction relates to the payment of tax liability for the vesting of a security issued in accordance with Rule 16b-3.
- [F5]The options issued to the reporting person on January 15, 2009 will vest and become exercisable in equal installments on the first four anniversaries of the grant date provided the reporting person continues to be employed by the Company on such dates.
- [F6]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 151,258.