STEINER ERIK 4
4 · Biodel Inc · Filed Oct 2, 2012
Insider Transaction Report
Form 4
Biodel IncBIOD
STEINER ERIK
Vice-President, Operations
Transactions
- Exercise/Conversion
Common Stock
2012-09-30+17,899→ 85,187 total - Tax Payment
Common Stock
2012-09-30$2.87/sh−6,411$18,400→ 78,776 total - Exercise/Conversion
Restricted Stock Unit
2012-09-30+17,899→ 0 total→ Common Stock (17,899 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit was the economic equivalent of one share of common stock.
- [F2]On June 11, 2012, the issuer effected a one for four reverse split of its outstanding common stock. All share information in this form gives effect to the reverse split.
- [F3]The shares of common stock were distributed upon settlement of 17,899 Restricted Stock Units that were granted on March 29, 2012 following the approval by the issuer's stockholders of a proposal to issue the Restricted Stock Units in place of a discretionary cash bonus for the fiscal year ended September 30, 2012. All of the Restricted Stock Units vested and were settled on September 30, 2012.