PENWEST PHARMACEUTICALS CO·4

Sep 22, 4:13 PM ET

Muscolo Frank P 4

4 · PENWEST PHARMACEUTICALS CO · Filed Sep 22, 2010

Insider Transaction Report

Form 4
Period: 2010-09-20
Muscolo Frank P
Controller & CAO
Transactions
  • Disposition from Tender

    Stock Option (Right-to-Buy)

    2010-09-20$2.62/sh6,300$16,5060 total
    Exercise: $2.62Exp: 2018-03-13Common Stock (6,300 underlying)
  • Disposition from Tender

    Stock Option (Right-to-Buy)

    2010-09-20$1.56/sh10,000$15,6000 total
    Exercise: $1.56Exp: 2019-03-05Common Stock (10,000 underlying)
  • Disposition from Tender

    Stock Option (Right-to-Buy)

    2010-09-20$3.04/sh25,000$76,0000 total
    Exercise: $3.04Exp: 2020-03-05Common Stock (25,000 underlying)
  • Disposition from Tender

    Common Stock

    2010-09-203,5130 total
  • Disposition from Tender

    Stock Option (Right-to-Buy)

    2010-09-20$3.05/sh2,700$8,2350 total
    Exercise: $3.05Exp: 2018-06-11Common Stock (2,700 underlying)
Footnotes (4)
  • [F1]Reflects shares of resricted stock that were tendered in a tender offer by West Acquisition Corp. for consideration of $5.00 per share in cash.
  • [F2]The option became fully vested on June 30, 2010.
  • [F3]Disposed of by conditional exercise and tender in a tender offer by West Acquisition Corp. for consideration of $5.00 in cash per share issuable upon exercise of such option,less an amount equal to the exercise price of such option.
  • [F4]The option became fully vested on September 20, 2010.

Documents

1 file
  • 4
    doc4.xmlPrimary

    FORM 4 SUBMISSION