EASTERLING BARNEY B JR 4
4 · MARTEK BIOSCIENCES CORP · Filed Mar 23, 2009
Insider Transaction Report
Form 4
EASTERLING BARNEY B JR
Sr VP Manufacturing
Transactions
- Exercise/Conversion
Common Stock
2009-03-19+2,694→ 17,254 total - Tax Payment
Common Stock
2009-03-19$17.07/sh−941$16,063→ 16,313 total - Exercise/Conversion
Restricted Stock Units
2009-03-19−1,566→ 4,700 total→ Common Stock (1,566 underlying) - Exercise/Conversion
Restricted Stock Units
2009-03-19−1,128→ 4,512 total→ Common Stock (1,128 underlying)
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.