SFBC INTERNATIONAL INC 4
4 · SFBC INTERNATIONAL INC · Filed May 19, 2005
Insider Transaction Report
Form 4
McMullen Jeffrey P
DirectorPres., CEO and Dir.
Transactions
- Award
Employee Stock Option (Right to Buy)
2005-05-17$38.00/sh+24,593$934,534→ 263,393 totalExercise: $38.00From: 2005-12-31Exp: 2010-05-17→ Common Stock (24,593 underlying)
Footnotes (3)
- [F1]Granted in connection with the Reporting Person's employment agreement which provides for an annual grant equal to the average number of options granted to certain other executives of the Issuer.
- [F2]The board of directors set the exercise price at 118% of the closing price of the common stock on Tuesday, May 17, 2005.
- [F3]The options vest on December 31, 2005, subject to continued employment on that date. Any shares issued as the result of an exercise of these options can not be sold until at least January 1, 2007, which is one year from the date of vesting.