SAVIENT PHARMACEUTICALS INC 4
4 · SAVIENT PHARMACEUTICALS INC · Filed Jul 5, 2005
Insider Transaction Report
Form 4
HAYWARD SURRY JEREMY
Director
Transactions
- Award
Common Stock, $.01 par value per share
2005-06-30$4.41/sh+1,814$8,000→ 18,924 total - Award
Option to Purchase Common Stock, $.01 par value
2005-06-30$4.41/sh+10,000$44,100→ 10,000 totalExercise: $4.41From: 2006-06-30Exp: 2015-06-30→ Common Stock, $.01 par value per share (10,000 underlying)
Footnotes (2)
- [F1]These shares were granted pursuant to the Company's 2004 Incentive Plan, which provides for the grant to non-executive Chairperson of that number of shares of Common Stock having an aggregate fair market value on the last business day of each quarter equal to $8,000.00, until he is no longer a non-executive Chairperson. On June 30, 2005, the fair market value of the Common Stock, based on the closing price, was $4.41.
- [F2]These options will become fully vested and immediately exercisable on 06/30/2006.