4//SEC Filing
Cappuccino Nicholas 4
Accession 0001209191-06-036825
CIK 0001123337other
Filed
Jun 14, 8:00 PM ET
Accepted
Jun 15, 5:41 PM ET
Size
7.3 KB
Accession
0001209191-06-036825
Insider Transaction Report
Form 4
ANDRX CORP /DE/ADRX
Cappuccino Nicholas
EVP of Andrx PharmaceuticalsOther
Transactions
- Tax Payment
Andrx Group Common Stock
2006-06-13$23.31/sh−718$16,737→ 21,782 total
Holdings
- 7,500
Andrx Group Common Stock
Footnotes (4)
- [F1]Represents the withholding of 718 shares to pay taxes applicable to the vesting of 2,715 shares of restricted stock units (RSUs) based on the closing price of Andrx Group common stock on June 13, 2006.
- [F2]Includes 19,785 unvested RSUs. The reporting person was originally granted 22,500 RSUs on June 13, 2005, with each RSU representing the right to acquire one share of Andrx Group common stock. Of the total of 22,500 RSUs granted to the reporting person and subject to certain acceleration and other conditions set forth in the reporting person's RSU agreement, 19,000 RSUs vest in seven equal annual installments beginning June 13, 2006 and 3,500 units vest entirely on April 14, 2009, but is subject to acceleration in whole or in part, if Andrx meets certain financial performance criteria.
- [F3]Upon vesting, a portion of the vested shares may be withheld to satisfy applicable taxes.
- [F4]On November 30, 2005, Andrx Corporation granted the reporting person 7,500 RSUs, with each unit representing the right to acquire one share of Andrx Group common stock. Subject to certain acceleration and other conditions set forth in the reporting person?s RSU agreement, the shares underlying these units vest in equal installments of 1,875 each on November 30, 2006, 2007, 2008 and 2009.
Documents
Issuer
ANDRX CORP /DE/
CIK 0001123337
Entity typeother
Related Parties
1- filerCIK 0001330053
Filing Metadata
- Form type
- 4
- Filed
- Jun 14, 8:00 PM ET
- Accepted
- Jun 15, 5:41 PM ET
- Size
- 7.3 KB