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BRUCE ERIC J 4

Accession 0001209191-11-004305

CIK 0001047699other

Filed

Jan 19, 7:00 PM ET

Accepted

Jan 20, 6:17 PM ET

Size

10.7 KB

Accession

0001209191-11-004305

Insider Transaction Report

Form 4
Period: 2010-12-31
BRUCE ERIC J
President, Animal Health
Transactions
  • Exercise/Conversion

    Common Stock

    2010-12-31+39,000209,579 total
  • Exercise/Conversion

    Long-Term Performance Unit

    2010-12-3139,0000 total
    Exp: 2010-12-31Common Stock (39,000 underlying)
  • Award

    Long-Term Performance Unit

    2011-01-18+17,75817,758 total
    Exp: 2012-12-31Common Stock (17,758 underlying)
Footnotes (5)
  • [F1]The amount of securities beneficially owned by the reporting person following this reported transaction includes securities owned as of January 20, 2011.
  • [F2]The Long-Term Performance Units (One Year Performance Cycle) were awarded under the King Pharmaceuticals, Inc. Incentive Plan (the "Incentive Plan"). Each Long-Term Performance Unit represented a contingent right to receive one share of King Pharmaceuticals, Inc. common stock if the reporting person remained employed by King Pharmaceuticals, Inc. during the two-year vesting period that ended on December 31, 2010.
  • [F3]The Long-Term Performance Units (One Year Performance Cycle) were awarded under the Incentive Plan. Each Long-Term Performance Unit represents a contingent right to receive one share of King Pharmaceuticals, Inc. common stock.
  • [F4]The number of Long-Term Performance Units awarded was based on the achievement of certain 2010 annual earnings per share targets established by the Compensation and Human Resources Committee under the Incentive Plan in early 2010.
  • [F5]The Long-Term Performance Units vest in full on December 31, 2012, or sooner under certain limited circumstances, contingent upon the reporting person's continued employment by King Pharmaceuticals, Inc. as of that date.

Issuer

KING PHARMACEUTICALS INC

CIK 0001047699

Entity typeother

Related Parties

1
  • filerCIK 0001330691

Filing Metadata

Form type
4
Filed
Jan 19, 7:00 PM ET
Accepted
Jan 20, 6:17 PM ET
Size
10.7 KB