COVANCE INC 4
4 · COVANCE INC · Filed Dec 9, 2014
Insider Transaction Report
Form 4
COVANCE INCCVD
WATSON JOHN E.
Corp. Sr. Vice President
Transactions
- Exercise/Conversion
Common Stock
2014-12-05$58.37/sh+12,000$700,440→ 74,505 total - Sale
Common Stock
2014-12-05$103.21/sh−14,500$1,496,560→ 62,930 total - Exercise/Conversion
Stock Option (Right to Buy)
2014-12-05−12,000→ 0 totalExercise: $58.37From: 2014-02-17Exp: 2021-02-16→ Common Stock (12,000 underlying) - Exercise/Conversion
Common Stock
2014-12-05$81.40/sh+900$73,260→ 60,294 total - Exercise/Conversion
Stock Option (Right to Buy)
2014-12-05−2,211→ 8,857 totalExercise: $56.93From: 2013-02-17Exp: 2020-02-16→ Common Stock (2,211 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2014-12-05−2,925→ 8,775 totalExercise: $69.01Exp: 2023-02-18→ Common Stock (2,925 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2014-12-05−900→ 0 totalExercise: $81.40From: 2010-02-21Exp: 2018-02-20→ Common Stock (900 underlying) - Exercise/Conversion
Common Stock
2014-12-05$56.93/sh+2,211$125,872→ 62,505 total - Exercise/Conversion
Common Stock
2014-12-05$69.01/sh+2,925$201,854→ 77,430 total
Holdings
- 612(indirect: By Trust)
Common Stock - 401(k) Plan
Footnotes (2)
- [F1]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.
- [F2]The option vests in four equal annual installments with the first installment vesting February 19, 2014.