4//SEC Filing
NEXMED INC 4
Accession 0001144204-06-027770
CIK 0001017491operating
Filed
Jul 6, 8:00 PM ET
Accepted
Jul 7, 3:52 PM ET
Size
5.3 KB
Accession
0001144204-06-027770
Insider Transaction Report
Form 4
NEXMED INCNEXM
Hashim Sami A.
Director
Transactions
- Award
Common Stock
2006-07-06$0.73/sh+12,329$9,000→ 32,783 total
Footnotes (1)
- [F1]In lieu of cash compensation, the Independent Directors have opted to receive shares of the Company's common stock for their services rendered to the Board of Directors. The price per share (the "Price") is the average of the closing price of the Company's common stock over five consecutive trading days, commencing on January 9, 2006. The Price will be used for calculating all stock compensation during the 2006 calendar year. The number of shares is calculated based on the amount of cash the Director would have received for service on the Board, or $3,000 per month divided by the Price. The shares are issued but held by the Company.
Documents
Issuer
NEXMED INC
CIK 0001017491
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0001017491
Filing Metadata
- Form type
- 4
- Filed
- Jul 6, 8:00 PM ET
- Accepted
- Jul 7, 3:52 PM ET
- Size
- 5.3 KB