ENDOCARE INC 4
4 · ENDOCARE INC · Filed Apr 9, 2008
Insider Transaction Report
Form 4
ENDOCARE INCENDO
DANIELS JOHN R
Director
Transactions
- Award
Deferred Stock Units
2008-04-07+1,938.29→ 1,938.29 total(indirect: By Trust)→ Common Stock (1,938.29 underlying)
Footnotes (4)
- [F1]Granted under the Company's Non-Employee Director Deferred Stock Unit Program (the "Director DSU Program"). The deferred stock units (DSUs) covered by this Form 4 represent director fees earned during the quarter ended March 31, 2008, which Dr. Daniels elected to receive in the form of DSUs instead of cash.
- [F2]Each DSU reflects the right to receive one share of common stock in the future, subject to the terms and conditions of the Director DSU Program.
- [F3]The DSU "payout date" is the earlier of (i) May 9, 2011, or (ii) as soon as administratively practicable following Dr. Daniels' separation from service (but in no event earlier than December 31, 2009).
- [F4]Not applicable.