Honneffer Robert W 4
4 · OSTEOTECH INC · Filed Jan 5, 2010
Insider Transaction Report
Form 4
OSTEOTECH INCOSTE
Honneffer Robert W
Exec VP of Global Operations
Transactions
- Tax Payment
Common Stock
2009-12-31$3.20/sh−732$2,342→ 41,737 total - Exercise/Conversion
Restricted Stock Units
2009-12-31−2,122→ 0 total→ Common Stock (2,122 underlying) - Exercise/Conversion
Common Stock
2009-12-31+2,122→ 42,469 total
Footnotes (4)
- [F1]The Reporting Person receives one share of Common Stock for each restricted stock unit that vests.
- [F2]In accordance with the issuer's equity award program, restricted stock units were automatically forfeited to issuer in satisfaction of tax withholding obligation upon vesting of 2,122 restricted stock units on December 31, 2009. The issuer returned such forfeited restricted stock units to the respective stock plan.
- [F3]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.
- [F4]The restricted stock units vest as to 2,121 shares on June 30, 2009 and 2,122 shares on December 31, 2009.