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4//SEC Filing

SALIX PHARMACEUTICALS LTD 4

Accession 0001209191-14-002646

CIK 0001009356operating

Filed

Jan 8, 7:00 PM ET

Accepted

Jan 9, 4:49 PM ET

Size

10.3 KB

Accession

0001209191-14-002646

Insider Transaction Report

Form 4
Period: 2014-01-07
Transactions
  • Sale

    Common Stock

    2014-01-07$88.31/sh22,500$1,986,97535,240 total
  • Exercise/Conversion

    Option to Buy Common Stock

    2014-01-0722,5000 total
    Exercise: $18.87Exp: 2014-06-17Common Stock (22,500 underlying)
  • Exercise/Conversion

    Common Stock

    2014-01-07$18.87/sh+22,500$424,64957,740 total
Holdings
  • Option to Buy Common Stock

    Exercise: $17.63Exp: 2015-06-09Common Stock (15,000 underlying)
    15,000
Footnotes (3)
  • [F1]The exercise and sale were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 26, 2013.
  • [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.93 to $88.88, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
  • [F3]Options are 100% vested.

Issuer

SALIX PHARMACEUTICALS LTD

CIK 0001009356

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001009356

Filing Metadata

Form type
4
Filed
Jan 8, 7:00 PM ET
Accepted
Jan 9, 4:49 PM ET
Size
10.3 KB