Pelzel Carl A 4
4 · DEPOMED INC · Filed Jun 16, 2005
Insider Transaction Report
Form 4
DEPOMED INCDEPO
Pelzel Carl A
DirectorPresident and CEO
Transactions
- Award
Stock Option
2005-06-14$4.25/sh+150,000$637,500→ 150,000 totalExercise: $4.25Exp: 2015-06-14→ Common stock (150,000 underlying)
Footnotes (1)
- [F1]Exercisable on June 14, 2006 with respect to 25% of the number of shares covered by such option and monthly thereafter with respect to 2.0833% of the number of shares covered by such option beginning on July 14,2006 and on the 14th day of each of lthe thirty-five months thereafter.