VALEANT PHARMACEUTICALS INTERNATIONAL·4

Oct 20, 5:56 PM ET

Min Steve T. 4

4 · VALEANT PHARMACEUTICALS INTERNATIONAL · Filed Oct 20, 2010

Insider Transaction Report

Form 4
Period: 2010-09-28
Min Steve T.
EVP and General Counsel
Transactions
  • Disposition to Issuer

    Non-qualified Stock Option (right to buy)

    2010-09-2875,9230 total
    Exercise: $17.11Exp: 2018-06-30Common Stock (75,923 underlying)
  • Disposition to Issuer

    Non-qualified Stock Option (right to buy)

    2010-09-2883,9550 total
    Exercise: $38.47Exp: 2017-03-03Common Stock (83,955 underlying)
  • Disposition to Issuer

    Common Stock

    2010-09-28213,0690 total
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2010-09-2823,3760 total
    Exercise: $17.11Exp: 2018-06-30Common Stock (23,376 underlying)
Footnotes (3)
  • [F1]5,736 restricted stock units disposed pursuant to merger agreement between issuer and Biovail Corporation, among others, in exchange for 16,048 Valeant Pharmaceuticals International, Inc. (formerly known as Biovail Corporation) restricted stock units, on the same terms and conditions. Remaining 207,333 restricted stock units disposed pursuant to merger agreement between issuer and, among others, Biovail Corporation in exchange for 369,240 shares of Valeant Pharmaceuticals International Inc. common stock. The fair market value of Valeant Pharmaceuticals International, Inc. on the effective date of the merger was $26.00 per share.
  • [F2]This option was assumed by Valeant Pharmaceuticals International, Inc. in the merger and replaced with an option to purchase 277,815 shares of Valeant Pharmaceuticals International, Inc. common stock for $6.12 per share.
  • [F3]This option was assumed by Valeant Pharmaceuticals International, Inc. in the merger and replaced with an option to purchase 234,888 shares of Valeant Pharmaceuticals International, Inc. common stock for $13.75 per share.

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