ABRAMSON DAVID M 4
4 · MARTEK BIOSCIENCES CORP · Filed Mar 23, 2009
Insider Transaction Report
Form 4
ABRAMSON DAVID M
President
Transactions
- Exercise/Conversion
Restricted Stock Units
2009-03-19−2,788→ 8,364 total→ Common Stock (2,788 underlying) - Exercise/Conversion
Restricted Stock Units
2009-03-19−2,007→ 8,032 total→ Common Stock (2,007 underlying) - Exercise/Conversion
Common Stock
2009-03-19+4,795→ 7,873 total - Tax Payment
Common Stock
2009-03-19$17.07/sh−1,651$28,183→ 6,222 total
Footnotes (5)
- [F1]Shares of common stock acquired on the vesting of restricted stock units.
- [F2]Shares of common stock withheld by the issuer for the payment of withholding taxes in connection with the delivery of common stock on the vesting of restricted stock units.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Martek common stock.
- [F4]The restricted stock units vest in five equal installments, with the first vesting date on March 19, 2008 and annually thereafter. Once vested, restricted stock units may be: (i) settled in an equal number of shares of Martek common stock, or (ii) deferred under Martek's Amended and Restated 2004 Stock Incentive Plan.
- [F5]The restricted stock units vest in five equal installments, with the first vesting date on March 19, 2009 and annually thereafter. Once vested, restricted stock units may be: (i) settled in an equal number of shares of Martek common stock, or (ii) deferred under Martek's Amended and Restated 2004 Stock Incentive Plan.