DUSA PHARMACEUTICALS INC 4
4 · DUSA PHARMACEUTICALS INC · Filed Mar 17, 2006
Insider Transaction Report
Form 4
Penneys Neal Stuart
Director
Transactions
- Award
Common Stock
2006-03-15$7.09/sh+11,782$83,582→ 22,445 total
Footnotes (1)
- [F1]Such shares of common stock were acquired by Dr. Penneys in connection with the merger of DUSA Pharmaceuticals, Inc. ("DUSA") and Sirius Laboratories, Inc. ("Sirius"). Dr. Penneys received such 11,782 shares of DUSA common stock in exchange for 112,500 shares of Sirius common stock issued in connection with the exercise of certain Sirius options. Of such 11,782 shares of DUSA common stock, 2,076 shares are being held in escrow for up to two (2) years subject to certain indemnification provisions of the merger agreement.