JORDAN GREGORY D 4
4 · KING PHARMACEUTICALS INC · Filed May 18, 2010
Insider Transaction Report
Form 4
JORDAN GREGORY D
Director
Transactions
- Award
Common Stock
2010-05-14$8.95/sh+16,201$144,999→ 57,880 total
Footnotes (1)
- [F1]Represents an automatic grant of restricted stock units. In accordance with the terms of the grant agreement and related settlement form, the director elected to receive the shares on the first to occur of the following events: (1) May 14, 2011; (2) the director, standing for re-election, is not re-elected; (3) the director's term is completed after declining to stand for re-election; (4) the director completes his or her term of office after not being nominated to stand for re-election;(5) the director completes his or her term of office, having been ineligible to stand for re-election under term limit provisions then in effect; and (6) the director ceases to be a director as a result of death, disability or change in control, in which case the director is entitled to receive the shares on the later of January 1, 2011, or the date of such death, disability or change in control.