DERBYSHIRE ADAM C 4
4 · SALIX PHARMACEUTICALS LTD · Filed Apr 27, 2012
Insider Transaction Report
Form 4
DERBYSHIRE ADAM C
EVP Finance/CFO
Transactions
- Award
Common Stock
2012-04-25+21,711→ 152,849 total
Holdings
- 20,000
Option to Buy Common Stock
Exercise: $17.63Exp: 2015-06-09→ Common Stock (20,000 underlying) - 90,000
Option to Buy Common Stock
Exercise: $8.00Exp: 2013-05-30→ Common Stock (90,000 underlying) - 30,000
Option to Buy Common Stock
Exercise: $18.87Exp: 2014-06-17→ Common Stock (30,000 underlying)
Footnotes (2)
- [F1]Represents a restricted stock award which vests annually in four equal installments beginning January 1, 2013, subject to continued employment.
- [F2]Options are 100% vested.