STANDEN MICHAEL C 4
4 · SYNTHETECH INC · Filed Feb 25, 2005
Insider Transaction Report
Form 4
SYNTHETECH INCNZYM
STANDEN MICHAEL C
Technical Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2005-02-23−2,000→ 2,000 totalExercise: $0.50From: 2002-03-01Exp: 2011-03-16→ Common (2,000 underlying) - Award
Stock Option (Right to Buy)
2005-02-23+2,000→ 2,000 totalExercise: $2.50From: 2002-03-01Exp: 2011-03-16→ Common (2,000 underlying)
Footnotes (3)
- [F1]Nonqualified Stock Option
- [F2]A portion of the outstanding option was amended to increase exercise price to equal the fair market value of a share of the common stock on the grant date resulting in the deemed cancellation of the amended portion of the option and grant of a replacement option. The option was originally granted on March 16, 2001.
- [F3]Stock option vests annually in 25% increments beginning with the first anniversary of the vesting commencement date.