IMMUNOMEDICS INC 4
4 · IMMUNOMEDICS INC · Filed Oct 22, 2009
Insider Transaction Report
Form 4
IMMUNOMEDICS INCIMMU
GORMAN GERARD G
SVP, Fin. & Bus. Dev. & CFO
Transactions
- Tax Payment
Common Stock, $0.01 par value per share
2009-10-18$4.82/sh−1,044$5,032→ 94,375 total
Footnotes (3)
- [F1]In accordance with the Company's 2006 Stock Incentive Plan, as amended, the reporting person paid the tax liability associated with vesting of 3,125 restricted stock units originally granted to the reporting person on 7/18/08 through the withholding of 1,044 shares of the Company's common stock. The restricted stock units vested 25% on the first anniversary of the date of grant and vest 6.25% on a quarterly basis thereafter.
- [F2]Based upon the closing price of the Company's common stock, as listed on the NASDAQ Global Market, on 10/16/09.
- [F3]Includes: (i) the remaining 34,375 restricted stock units originally granted to the reporting person pursuant to the 2006 Stock Incentive Plan, as amended, on 7/18/09; and (ii) 60,000 restricted stock units granted to the reporting person pursuant to the 2006 Stock Incentive Plan, as amended, on 6/15/09. The restricted stock units vest 25% on the first anniversary of the date of grant and 6.25% on a quarterly basis thereafter.