Home/Filings/4/0001229440-05-000001
4//SEC Filing

CHIRON CORP 4

Accession 0001229440-05-000001

CIK 0000706539operating

Filed

Feb 16, 7:00 PM ET

Accepted

Feb 17, 7:58 PM ET

Size

15.6 KB

Accession

0001229440-05-000001

Insider Transaction Report

Form 4
Period: 2005-02-15
GREEN WILLIAM G
Sr. V.P., Spcl Counsel & Secty
Transactions
  • Exercise/Conversion

    Common Stock

    2005-02-15$15.53/sh+6,956$108,03640,572 total
  • Tax Payment

    Common Stock

    2005-02-15$35.55/sh3,039$108,02137,533 total
  • Exercise/Conversion

    Common Stock

    2005-02-15$12.44/sh+80$99537,613 total
  • Tax Payment

    Common Stock

    2005-02-15$35.55/sh27$96037,586 total
  • Exercise/Conversion

    Employee Stock Option (Right to Buy)

    2005-02-156,95625,044 total
    Exercise: $15.53From: 1996-02-24Exp: 2005-02-24Common Stock (6,956 underlying)
  • Exercise/Conversion

    Employee Stock Option (Right to Buy)

    2005-02-15800 total
    Exercise: $12.44From: 1996-02-28Exp: 2005-05-18Common Stock (80 underlying)
Holdings
  • Common Stock

    (indirect: Held indirectly through son and daughter)
    900
Footnotes (3)
  • [F1]These shares were previously acquired by the Reporting Person and delivered to Issuer in satisfaction of the exercise price.
  • [F2]Employee Stock Option granted under the Chiron 1991 Stock Option Plan in transaction exempt under Rule 16b-3. Right to exercise vests as to ? of the total shares on the anniversary of the grant date, and monthly thereafter as to 1/48 of the total shares. The Chiron 1991 Stock Option Plan has provisions permitting, in the discretion of the Administrator, the withholding of shares from the grant to satisfy income tax withholding.
  • [F3]Employee Stock Option granted under Chiron 1991 Stock Option Plan in transaction exempt under Rule 16b-3. The Chiron 1991 Stock Option Plan has provisions permitting, in the discretion of the Administrator, the withholding of shares from grant to satisfy income tax withholding. The options vest one-third after each year commencing with 1996 in which the Company satisfys certain performance goals. If the performance goals are not met in any year, the options vest upon the earlier of three years of satisfaction of such performance goals, or six years from the grant date.

Issuer

CHIRON CORP

CIK 0000706539

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000706539

Filing Metadata

Form type
4
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 7:58 PM ET
Size
15.6 KB