Bender Ulf 4
4 · ACETO CORP · Filed Dec 8, 2010
Insider Transaction Report
Form 4
ACETO CORPACET
Bender Ulf
Managing Dir. Pharma Waldhof
Transactions
- Exercise/Conversion
Restricted Stock Units
2010-12-06−732→ 0 total→ Common Stock (732 underlying) - Exercise/Conversion
Common Stock
2010-12-06+1,439→ 0 total - Sale
Common Stock
2010-12-08$8.26/sh−1,439$11,892→ 0 total - Exercise/Conversion
Restricted Stock Units
2010-12-06−707→ 707 total→ Common Stock (707 underlying)
Footnotes (2)
- [F1]Vesting of Restricted Stock Units (RSU) and accrued dividend equivalents. 2,000 RSU's were granted on December 6, 2007 and vest 1/3 each year beginning on December 6, 2008. Each RSU represents the contingent right to receive one share of common stock upon vesting. Each RSU also accrues dividend equivalents on each date that Aceto pays a cash dividend to holders of common stock generally. RSU's attributable to such dividend equivalents are subject to the same terms and conditions as the RSU's to which such dividend equivalents relate.
- [F2]Vesting of Restricted Stock Units (RSU) and accrued dividend equivalents. 2,000 RSU's were granted on December 4, 2008 and vest 1/3 each year beginning on December 6, 2009. Each RSU represents the contingent right to receive one share of common stock upon vesting. Each RSU also accrues dividend equivalents on each date that Aceto pays a cash dividend to holders of common stock generally. RSU's attributable to such dividend equivalents are subject to the same terms and conditions as the RSU's to whcih such dividend equivalents relate.