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4//SEC Filing

REDDICK ANDREW D 4

Accession 0001209191-04-040710

CIK 0000786947other

Filed

Aug 12, 8:00 PM ET

Accepted

Aug 13, 12:00 PM ET

Size

6.2 KB

Accession

0001209191-04-040710

Insider Transaction Report

Form 4
Period: 2004-08-12
REDDICK ANDREW D
DirectorPresident and CEO
Transactions
  • Award

    Employee Stock Options

    2004-08-12+08,750,000 total
    Exercise: $0.13Exp: 2014-08-12Common Stock (8,750,000 underlying)
Footnotes (2)
  • [F1]Option to purchase 8,750,000 shares of the Issuer's common stock, $.01 par value per share. In May 2004, the Issuer ammended the Reporting Person's Executive Employment Agreement, among other things, to adjust the Issuer's commitment to issue a stock option to the Reporting Person from 5,500,000 shares to 8,750,000 shares. The grant of such option was contingent upon receipt of shareholder approval to amend the Issuer's stock option plan under which the stock option would be issued. Shareholder approval of the amended stock option plan was obtained August 12, 2004.
  • [F2]Option vests and is exercisable as follows: (i) 3,000,000 on the date of Grant; and (ii) 250,000 monthly thereafter commencing on August 31, 2004 until fully vested.

Issuer

HALSEY DRUG CO INC/NEW

CIK 0000786947

Entity typeother

Related Parties

1
  • filerCIK 0001260882

Filing Metadata

Form type
4
Filed
Aug 12, 8:00 PM ET
Accepted
Aug 13, 12:00 PM ET
Size
6.2 KB