MEDAREX INC 4
4 · MEDAREX INC · Filed May 19, 2008
Insider Transaction Report
Form 4
MEDAREX INCMEDX
Danzon Patricia M
Director
Transactions
- Award
Stock Option (Right to Buy)
2008-05-15+18,000→ 18,000 totalExercise: $7.91Exp: 2018-05-14→ Common Stock (18,000 underlying) - Award
Restricted Stock Units
2008-05-15+3,161→ 3,161 total→ Common Stock (3,161 underlying)
Footnotes (3)
- [F1]One hundred per cent (100%) shall vest six (6) months from the date of grant.
- [F2]Each restricted stock unit represents a contingent right to receive one (1) share of Medarex, Inc. common stock.
- [F3]The Restricted Stock Unit shall vest in full on the twelve (12) month anniversary of the grant date and the receipt of the shares of common stock shall be deferred until the individual's retirement or separation of service from the Board.