CHIRON CORP 4
4 · CHIRON CORP · Filed Feb 25, 2005
Insider Transaction Report
Form 4
CHIRON CORPCHIR
GREEN WILLIAM G
Sr. V.P., Spcl Counsel & Secty
Transactions
- Tax Payment
Common Stock
2005-02-23$33.95/sh−5,012$170,182→ 57,618 total - Exercise/Conversion
Common Stock
2005-02-23$15.53/sh+25,044$388,966→ 62,630 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2005-02-23−25,044→ 0 totalExercise: $15.53From: 1996-02-24Exp: 2005-02-24→ Common Stock (25,044 underlying)
Holdings
- 900(indirect: Held indirectly through son and daughter)
Common Stock
Footnotes (2)
- [F1]These shares were withheld by the Issuer in satisfaction of both the exercise price and the required withholdings taxes in a transaction exempt under Rule 16b-3(e).
- [F2]The option was originally granted for 44,000 shares on February 24, 1995. The option vested and became exercisable for one-fourth of the total shares on the first anniversary of the grant date and vested and became exercisable for the balance of the option shares in a series of thirty-six successive equal monthly installments upon the Reporting Person's completion of each additional month of service with the Issuer thereafter.