MILLENNIUM PHARMACEUTICALS INC 4
4 · MILLENNIUM PHARMACEUTICALS INC · Filed Jun 4, 2007
Insider Transaction Report
Form 4
WEG KENNETH E
Director
Transactions
- Award
Restricted stock units
2007-05-31+5,000→ 5,000 total→ Common stock (5,000 underlying) - Award
Stock option (right to buy)
2007-05-31+23,333→ 23,333 totalExercise: $10.87Exp: 2017-05-31→ Common stock (23,333 underlying)
Holdings
- 10,000
Common stock
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Millennium Pharmaceuticals, Inc. common stock.
- [F2]The restricted stock units vest 100% on the first anniversary of the date of grant. Vested shares will be delivered to the reporting person as soon as practicable after May 31, 2009.
- [F3]Annual non-employee director stock option grants are no longer made in three monthly installments. This option grant reflects the transition to the new compensation arrangements approved by the Board of Directors on May 10, 2007.
- [F4]Becomes exercisable for 100% of the number of shares granted on the first anniversary of the date of grant.