PINEDO HERBERT MD PHD 4
4 · OSI PHARMACEUTICALS INC · Filed Jun 21, 2004
Insider Transaction Report
Form 4
PINEDO HERBERT MD PHD
Director
Transactions
- Award
Common Stock
2004-06-01+599→ 599 total - Award
Stock Option (Right to Buy)
2004-06-01+50,000→ 50,000 totalExercise: $82.88From: 2005-06-01Exp: 2014-06-24→ Common Stock (50,000 underlying)
Footnotes (4)
- [F1]Reflects a grant of restricted stock under the Stock Purchase Plan for Non-Employee Directors, which vests over ten-months in equal increments and any unvested portion is subject to forfeiture upon termination of the director's services prior to the end of the ten-month term.
- [F2]One third of the stock option becomes exercisable on June 1, 2005 and the remainder vests ratably on a monthly basis over the succeeding 24 months.
- [F3]The stock option was granted pursuant to one of the Issuer's incentive and non-qualified stock option plans and is exempt under Rule 16b-3.
- [F4]Includes only options with the same termination date.