LYTTON MICHAEL 4
4 · PATHEON INC · Filed Jan 7, 2013
Insider Transaction Report
Form 4
PATHEON INCPTI
LYTTON MICHAEL
EVP CORPORATE DEVELOPMENT & ST
Transactions
- Exercise/Conversion
Restricted Voting Shares
2013-01-04$2.12/sh+80,000$169,600→ 286,490 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2013-01-04−80,000→ 495,000 totalExp: 2021-06-14→ Restricted Voting Shares (80,000 underlying)
Footnotes (2)
- [F1]The exercise price was converted from C$2.09 based on the January 4, 2013 closing rate of exchange of 0.987 Canadian dollars per U.S. dollars as quoted by Reuters. The actual exercise price is the Canadian dollar amount regardless of the exchange rate on the date of exercise.
- [F2]The option vests in five equal annual installments on June 15, 2012, June 15, 2013, June 15, 2014, June 15, 2015, and June 15, 2016.