Wynalek Robert M 4
4 · OSTEOTECH INC · Filed Aug 18, 2010
Insider Transaction Report
Form 4
OSTEOTECH INCOSTE
Wynalek Robert M
President Domestic
Transactions
- Exercise/Conversion
Common Stock
2010-08-16+11,900→ 48,049 total - Tax Payment
Common Stock
2010-08-16$3.94/sh−4,100$16,154→ 43,949 total - Exercise/Conversion
Restricted Stock Unit
2010-08-16−11,900→ 0 total→ Common Stock (11,900 underlying)
Footnotes (4)
- [F1]The Reporting Person receives one share of Common Stock for each restricted stock unit that vests.
- [F2]Restricted stock units forfeited to Issuer in satisfaction of tax withholding upon vesting of restricted stock units on August 16, 2010. Price used for valuation of forfeited units was $3.94 per share, the closing price for the stock on August 16, 2010. The Issuer returned such forfeited restricted stock units to the respective plan.
- [F3]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.
- [F4]The units vested in three equal tranches of 11,900 on August 16, 2008, August 16, 2009 and August 16, 2010.