Home/Filings/4/0001209191-09-041560
4//SEC Filing

CLARKSON JOHN G 4

Accession 0001209191-09-041560

CIK 0000815838other

Filed

Aug 20, 8:00 PM ET

Accepted

Aug 21, 4:17 PM ET

Size

6.0 KB

Accession

0001209191-09-041560

Insider Transaction Report

Form 4
Period: 2009-08-20
Transactions
  • Disposition from Tender

    Common Stock ($.0001 par value)

    2009-08-20$16.50/sh23,259$383,7749,120 total
Footnotes (2)
  • [F1]Due to a clerical error on the reporting person's Form 4 filed September 10, 2001 (the "Original Form 4"), the reporting person's share ownership was overstated by 3 shares on the Original Form 4 (which should have reported 325 shares rather than 328 shares) and subsequent Form 4's filed in each of 2006, 2007, 2008 and 2009. In addition, due to an error by the reporting person's brokerage account administrator, in August 2008 these 325 shares were sold by the administrator without instruction from the reporting person or notification to either the reporting person or the issuer, thereby causing the reporting person's share ownership to be overstated by an additional 325 shares in the Form 4 filed on May 27, 2009.
  • [F2]Represents shares of restricted stock which became fully vested upon the change of control of Noven Pharmaceuticals, Inc. ("Noven") at the time a subsidiary of Hisamitsu Pharmaceutical Co., Inc. ("Hisamitsu") commenced payment for shares of Noven common stock pursuant to an Agreement and Plan of Merger among Noven, Hisamitsu and certain wholly-owned subsidiaries of Hisamitsu, dated as of July 14, 2009.

Issuer

NOVEN PHARMACEUTICALS INC

CIK 0000815838

Entity typeother

Related Parties

1
  • filerCIK 0001224094

Filing Metadata

Form type
4
Filed
Aug 20, 8:00 PM ET
Accepted
Aug 21, 4:17 PM ET
Size
6.0 KB