Gillespie Deirdre 4
4 · NEXMED INC · Filed Jul 2, 2010
Insider Transaction Report
Form 4
NEXMED INCNEXM
Gillespie Deirdre
Director
Transactions
- Award
Common Stock
2010-06-30$4.59/sh+654$3,002→ 654 total
Footnotes (2)
- [F1]The shares of common stock were issued to the Reporting Person, a non-employee director of the Issuer, as payment of a prorated portion of the quarterly retainer fee for her service as a director of the Issuer.
- [F2]The value of the shares being delivered in satisfaction of the payment was calculated based on the five-day average closing price of the Issuer's common stock over the first five trading days of the 2010 calendar year (as adjusted for a 1-for-15 reverse split of the Issuer's common stock that became effective on June 21, 2010).