KAPLAN CARL E 4
4 · SAVIENT PHARMACEUTICALS INC · Filed Jan 3, 2006
Insider Transaction Report
Form 4
KAPLAN CARL E
Director
Transactions
- Award
Common Stock, $.01 par value per share
2005-12-30$3.74/sh+1,002$3,747→ 19,201 total - Award
Option to Purchase Common Stock, $.01 par value
2005-12-30$3.74/sh+5,000$18,700→ 5,000 totalExercise: $3.74From: 2006-12-30Exp: 2016-12-30→ Common Stock, $.01 par value per share (5,000 underlying)
Footnotes (2)
- [F1]These shares were granted pursuant to the Company's 2004 Incentive Plan, 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 $3,750.00, until he is no longer an Outside Director. On December 30, 2005, the fair market value of the Common Stock, based on the closing price, was $3.74.
- [F2]These options will become fully vested and immediately exercisable on 12/30/2006.