MOVENS DANIEL H 4
4 · ANDRX CORP /DE/ · Filed Mar 2, 2005
Insider Transaction Report
Form 4
ANDRX CORP /DE/ADRX
MOVENS DANIEL H
President of Anda, Inc.
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2005-02-28−8,000→ 0 totalExercise: $8.34Exp: 2005-03-02→ Andrx Group Common Stock (8,000 underlying) - Exercise/Conversion
Andrx Group Common Stock
2005-02-28$8.34/sh+8,000$66,720→ 30,361 total
Footnotes (2)
- [F1]Includes 20,000 restricted stock units, with each unit representing the right to acquire one share of Andrx Group common stock, granted to Mr. Movens on December 1, 2002. Subject to certain acceleration and other conditions set forth in his agreement, the shares underlying theses units vest in equal installments of 5,000 each on November 30, 2005, 2006, 2007 and 2008. Upon vesting, a portion of the vested shares may be withheld to satisfy applicable taxes.
- [F2]The stock options vested in equal installments on March 2, 2001 and March 2002.