Sweeney Michael MD 4
4 · DEPOMED INC · Filed Dec 6, 2012
Insider Transaction Report
Form 4
DEPOMED INCDEPO
Sweeney Michael MD
VP, Product Development
Transactions
- Sale
Common Stock
2012-12-06$5.77/sh−1,418$8,175→ 5,315 total
Footnotes (3)
- [F1]Represents shares sold for payment of payroll tax withholdings in connection with vesting of restricted stock. The sales reported in this Form 4 were sold pursuant to a rule 10b5-1 trading plan adopted by the reporting person in September 2012.
- [F2]The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $5.75 to $5.79. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares at each price within the range set forth in this footnote.
- [F3]Amount does not include any unvested restricted stock previously reported on Form 4 by the reporting person.