O LEARY ROBERT 4
4 · VALEANT PHARMACEUTICALS INTERNATIONAL · Filed Jan 4, 2006
Insider Transaction Report
Form 4
O LEARY ROBERT
Director
Transactions
- Award
Phantom stock
2005-12-30$18.08/sh+5,000$90,400→ 5,000 total - Award
Phantom stock
2006-01-01$18.17/sh+791$14,372→ 5,791 total
Footnotes (2)
- [F1]Pursuant to his agreement by which he agrees to act as non-executive Chairman of the Board.
- [F2]Represents phantom stock in lieu of cash for Board fees, pursuant to the election of the Board member, which may be settled only in common stock.