BRUCE ERIC J 4
4 · KING PHARMACEUTICALS INC · Filed Mar 1, 2010
Insider Transaction Report
Form 4
BRUCE ERIC J
President, Animal Health
Transactions
- Award
Long-Term Performance Unit
2010-02-25+55,420→ 55,420 totalExp: 2011-12-31→ Common Stock (55,420 underlying)
Footnotes (3)
- [F1]The Long-Term Performance Units (One Year Performance Cycle) ("Long Term Performance Units") were awarded under the King Pharmaceuticals, Inc. Incentive Plan (the "Incentive Plan"). Each Long-Term Performance Unit represents a contingent right to receive one share of King Pharmaceuticals, Inc. common stock.
- [F2]The number of Long-Term Performance Units awarded was based on the achievement of certain 2009 annual earnings per share targets established by the Compensation and Human Resources Committee under the Incentive Plan in early 2009.
- [F3]The Long-Term Performance Units vest in full on December 31, 2011, contingent upon the reporting person's continued employment by King Pharmaceuticals, Inc. as of that date.