TANOX INC 4
4 · TANOX INC · Filed Dec 13, 2006
Insider Transaction Report
Form 4
TANOX INCTNOX
Santos Hugo
Vice President, Human Resource
Transactions
- Sale
common stock, $.01 par value
2006-12-12$19.81/sh−41,621$824,512→ 0 total - Exercise/Conversion
common stock, $.01 par value
2006-12-12$14.23/sh+41,621$592,267→ 41,621 total - Exercise/Conversion
Employee stock option
2006-12-12−41,621→ 46,879 totalExercise: $14.23Exp: 2014-12-13→ common stock, $.01 par value (41,621 underlying)
Footnotes (1)
- [F1]The option vests 25% on December 13, 2005 and, thereafter, on a monthly basis in 1/48 increments, so that the option is exercisable in full after four years (or on December 13, 2008).