DERBYSHIRE ADAM C 4
4 · SALIX PHARMACEUTICALS LTD · Filed Jul 5, 2012
Insider Transaction Report
Form 4
DERBYSHIRE ADAM C
EVP Finance/CFO
Transactions
- Tax Payment
Common Stock
2012-07-02$54.44/sh−6,248$340,141→ 146,601 total
Holdings
- 30,000
Option to Buy Common Stock
Exercise: $18.87Exp: 2014-06-17→ Common Stock (30,000 underlying) - 90,000
Option to Buy Common Stock
Exercise: $8.00Exp: 2013-05-30→ Common Stock (90,000 underlying) - 20,000
Option to Buy Common Stock
Exercise: $17.63Exp: 2015-06-09→ Common Stock (20,000 underlying)
Footnotes (2)
- [F1]Does not represent a sale in the market; represents a forfeiture of shares to the Issuer in order to pay tax withholding upon vesting of restricted stock.
- [F2]Options are 100% vested.