Burroughs Mark H 4
4 · OSTEOTECH INC · Filed Dec 22, 2009
Insider Transaction Report
Form 4
OSTEOTECH INCOSTE
Burroughs Mark H
Executive VP & CFO
Transactions
- Tax Payment
Common Stock
2009-12-18$2.97/sh−467$1,387→ 38,550 total - Exercise/Conversion
Common Stock
2009-12-20+1,013→ 39,563 total - Exercise/Conversion
Restricted Stock Units
2009-12-20−1,013→ 2,025 total→ Common Stock (3,038 underlying) - Exercise/Conversion
Restricted Stock Units
2009-12-18−1,125→ 3,375 total→ Common Stock (4,500 underlying) - Exercise/Conversion
Common Stock
2009-12-18+1,125→ 39,017 total - Tax Payment
Common Stock
2009-12-20$2.97/sh−420$1,247→ 39,143 total
Footnotes (6)
- [F1]The Reporting Person receives one share of Common Stock for each restricted stock unit that vests.
- [F2]Restricted stock units forfeited to issuer in satisfaction of tax withholding obligation upon vesting of 1,125 restricted stock units on December 18, 2009. The issuer returned such forfeited restricted stock units to the respective stock plan.
- [F3]Restricted stock units forfeited to issuer in satisfaction of tax withholding obligation upon vesting of 1,013 restricted stock units on December 20, 2009. The issuer returned such forfeited restricted stock units to the respective stock plan.
- [F4]Each restricted stock unit represents a contingent right to receive one share of Common Stock. The Reporting Person receives one share of Common Stock for each restricted stock unit that vests.
- [F5]The restricted stock units vest in four equal tranches on December 20, 2008, 2009, 2010 and 2011.
- [F6]The restricted stock units vest in four equal tranches on December 18, 2009, 2010, 2011 and 2012.