Sweeney Michael MD 4
4 · DEPOMED INC · Filed Dec 14, 2012
Insider Transaction Report
Form 4
DEPOMED INCDEPO
Sweeney Michael MD
VP, Product Development
Transactions
- Exercise/Conversion
Common Stock
2012-12-13$1.83/sh+40,000$73,200→ 45,315 total - Sale
Comon Stock
2012-12-13$5.87/sh−43,635$256,024→ 1,680 total - Exercise/Conversion
Stock Options
2012-12-13−40,000→ 45,000 totalExercise: $1.83Exp: 2019-01-23→ Common Stock (40,000 underlying)
Footnotes (2)
- [F1]85,000 stock options were granted on 1/23/2009 and exercisable in 48 equal monthly installments.
- [F2]The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $5.85 to $5.915. 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.