4//SEC Filing
WEISSBACH HERBERT 4
Accession 0001218823-03-000003
CIK 0000722104other
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 3:22 PM ET
Size
6.2 KB
Accession
0001218823-03-000003
Insider Transaction Report
Form 4
WEISSBACH HERBERT
Director
Transactions
- Award
Options to purchase common stock, $.01 par value per share
2003-09-30$5.05/sh+5,000$25,250→ 80,000 totalExercise: $5.05From: 2004-09-30Exp: 2013-09-30→ Common stock, $01 par value per share (5,000 underlying) - Disposition to Issuer
Common stock, $.01 par value per share
2003-09-30$5.05/sh−495$2,500→ 9,658 total
Footnotes (2)
- [F1]These shares were granted pursuant to the Company's Stock Compensation Plan for Outside Directors, which provides for the grant to non-employee directors of that number of shares of Common Stock having an aggregate fair market value on the last business day of each quarter equal to $2,500, until he is no longer an Outside Director. On September 30, 2003, the fair market value of the Common Stock, based on the closing price, was $5.05.
- [F2]These options will become fully vested and immediately exercisable on 9/30/2004.
Documents
Issuer
SAVIENT PHARMACEUTICALS INC
CIK 0000722104
Entity typeother
Related Parties
1- filerCIK 0001218823
Filing Metadata
- Form type
- 4
- Filed
- Oct 1, 8:00 PM ET
- Accepted
- Oct 2, 3:22 PM ET
- Size
- 6.2 KB