COVANCE INC 4
4 · COVANCE INC · Filed Feb 23, 2009
Insider Transaction Report
Form 4
COVANCE INCCVD
KRAFT DONALD
Corporate Sr. Vice President
Transactions
- Tax Payment
Common Stock
2009-02-19$39.80/sh−368$14,646→ 45,735 total - Award
Common Stock
2009-02-19+6,347→ 46,103 total - Disposition to Issuer
Common Stock
2009-02-19−520→ 45,215 total - Award
Stock Option (Right to Buy)
2009-02-19+13,439→ 13,439 totalExercise: $39.80Exp: 2019-02-18→ Common Stock (13,439 underlying)
Holdings
- 2,261(indirect: By Trust)
Common Stock - 401(k) Plan
Footnotes (3)
- [F1]Shares forfeited in accordance with the terms of the applicable restricted stock agreement.
- [F2]The securities reported were acquired on a periodic basis by the Trustee of the Covance 401(k) plan, a broad-based, tax-qualified employee benefit plan. The information was obtained from the Plan Administrator as of this date. The shares have been accumulated by the Trustee over the employment of the reporting person and the number is based upon the market value of the reporting person's account divided by the then current market price.
- [F3]The option vests in three equal annual installments with the first installment vesting one year from grant date.