SHAPIRO STEPHEN I 4
4 · CLOSURE MEDICAL CORP · Filed Oct 1, 2003
Insider Transaction Report
Form 4
SHAPIRO STEPHEN I
Director
Transactions
- Award
Non-Employee Director Stock Option
2003-09-29−60,000→ 60,000 totalExercise: $24.78From: 2003-09-29Exp: 2013-09-29→ Common Stock (60,000 underlying)
Footnotes (2)
- [F1]Not applicable because the derivative security is a grant under the Company's stock option plan.
- [F2]The Non-Employee Director Stock Option vested and became exercisable with respect to 50% of the shares on the date of grant. With respect to the remaining 50% of the shares, the option vests and becomes exercisable in two equal annual installments commencing on the first anniversary of the date of grant.