Geehr Ed 4
4 · Abraxis BioScience, Inc. · Filed Mar 3, 2009
Insider Transaction Report
Form 4
Geehr Ed
Executive VP Operations
Transactions
- Exercise/Conversion
Common Stock
2009-03-02+920→ 1,191 total - Tax Payment
Common Stock
2009-03-02$58.54/sh−350$20,489→ 841 total - Exercise/Conversion
Restricted Stock Units
2009-03-02−920→ 2,758 totalFrom: 2009-03-02→ Common Stock (920 underlying)
Footnotes (3)
- [F1]On March 1, 2009, 920 of the restricted stock units that were granted to the reporting person on November 5, 2009 vested, of which 570 was paid out in common stock and 350 units were withheld to satisfy the tax withholding obligated related to such vested units.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Abraxis BioScience common stock.
- [F3]The restricted stock units vest in four equal annual installments commencing on March 1, 2009. Vested shares will be delivered to the reporting person on each vesting date.