ANDRX CORP /DE/ 4
4 · ANDRX CORP /DE/ · Filed Jun 15, 2005
Insider Transaction Report
Form 4
ANDRX CORP /DE/ADRX
Cappuccino Nicholas
EVP of Andrx PharmaceuticalsOther
Transactions
- Award
Andrx common stock
2005-06-13+22,500→ 22,500 total
Footnotes (1)
- [F1]On June 13, 2005, Andrx Corporation granted the reporting person 22,500 restricted stock units (RSUs), with each unit representing the right to acquire one share of Andrx Group common stock, of which 19,000 units vest in seven equal annual installments beginning one year from the date of grant and 3,500 units vest entirely on April 14, 2009, but is subject to acceleration, if Andrx meets certain financial performance criteria. Upon vesting, a portion of the vested shares may be withheld to satisfy applicable taxes.