EASTERLING BARNEY B JR 4
4 · MARTEK BIOSCIENCES CORP · Filed Mar 23, 2010
Insider Transaction Report
Form 4
EASTERLING BARNEY B JR
Sr VP Manufacturing
Transactions
- Exercise/Conversion
Common Stock
2010-03-19+4,104→ 20,417 total - Exercise/Conversion
Restricted Stock Units
2010-03-19−1,567→ 3,133 total→ Common Stock (1,567 underlying) - Exercise/Conversion
Restricted Stock Units
2010-03-19−1,128→ 3,384 total→ Common Stock (1,128 underlying) - Exercise/Conversion
Restricted Stock Units
2010-03-19−1,409→ 5,639 total→ Common Stock (1,409 underlying) - Tax Payment
Common Stock
2010-03-19$23.88/sh−1,375$32,835→ 19,042 total
Footnotes (6)
- [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.
- [F6]The restricted stock units vest in five equal installments, with the first vesting date on March 19, 2010 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.