Owusu-Akyaw Sam 4
4 · OSTEOTECH INC · Filed Aug 18, 2010
Insider Transaction Report
Form 4
OSTEOTECH INCOSTE
Owusu-Akyaw Sam
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Restricted Stock Units
2010-08-16−40,000→ 0 total→ Common Stock (40,000 underlying) - Exercise/Conversion
Common Stock
2010-08-16+40,000→ 154,766 total
Footnotes (3)
- [F1]The Reporting Person receives one share of Common Stock for each restricted stock unit that vests.
- [F2]This Grant was made pursuant to the Issuer's 2007 Stock Incentive Plan on August 16, 2007. 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.
- [F3]The units vested in three equal tranches of 40,000 on August 16, 2008, August 16, 2009 and August 16, 2010.