NPS PHARMACEUTICALS INC 4
4 · NPS PHARMACEUTICALS INC · Filed Feb 20, 2015
Insider Transaction Report
Form 4
Rogus Joseph J
VP, Technical Operations
Transactions
- Tax Payment
Common Stock
2015-02-07$45.85/sh−1,132$51,902→ 19,019 total - Exercise/Conversion
Common Stock
2015-02-12+1,567→ 20,586 total - Tax Payment
Common Stock
2015-02-12$45.85/sh−705$32,324→ 19,881 total - Other
Common Stock
2015-02-07+3,767→ 20,151 total - Exercise/Conversion
Common Stock
2015-02-13+3,240→ 23,121 total - Tax Payment
Common Stock
2015-02-13$45.88/sh−1,458$66,893→ 21,663 total - Exercise/Conversion
Restricted Stock Units
2015-02-12−1,567→ 3,136 total→ Common Stock (1,567 underlying) - Award
Restricted Stock Units
2015-02-12+4,362→ 4,362 total→ Common Stock (4,362 underlying) - Exercise/Conversion
Restricted Stock Units
2015-02-13−3,240→ 3,241 total→ Common Stock (3,240 underlying)
Footnotes (8)
- [F1]Shares acquired upon vesting of Restricted Stock Units granted to the Reporting Person on February 7, 2012 and reported on a Form 4 filed on February 9, 2012.
- [F2]The Reporting Person reported all Restricted Stock Units granted to the Reporting Person on February 7, 2012 in Table I of the Form 4 filed on February 9, 2012. As such, no adjustment to the Reporting Person's beneficial ownership needs to be made to reflect this vesting event.
- [F3]Shares were withheld from the Reporting Person, in an exempt transaction under Rule 16b-3, solely to satisfy tax obligations arising from the vesting of the Restricted Stock Units described in this Form 4.
- [F4]Each vested Restricted Stock Unit is the economic equivalent of one share of common stock of NPS Pharmaceuticals, Inc. (the "Issuer"). The vested Restricted Stock Units were settled for shares of the Issuer's common stock.
- [F5]Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's common stock.
- [F6]On February 12, 2014, the Restricted Stock Units were granted with (i) one third vesting on the first anniversary of the date of grant, (ii) one third vesting on the second anniversary of the date of grant and (iii) the remaining vesting on the third anniversary of the date of grant.
- [F7]Restricted Stock Units will vest as follows: (i) one third will vest on the first anniversary of date of grant, (ii) one third on the second anniversary of date of grant, and (iii) one third on the third anniversary of date of grant. Vested shares will be delivered to the Reporting Person as soon as administratively practicable following the vesting of the Restricted Stock Units.
- [F8]On February 13, 2013, the Restricted Stock Units were granted with (i) one third vesting on the first anniversary of the date of grant, (ii) one third vesting on the second anniversary of the date of grant and (iii) the remaining vesting on the third anniversary of the date of grant.