CHIRON CORP 4
4 · CHIRON CORP · Filed Feb 23, 2005
Insider Transaction Report
Form 4
CHIRON CORPCHIR
WALSER BRYAN L
VP, Corporate Strategy
Transactions
- Tax Payment
Common Stock
2005-02-20$34.45/sh−215$7,408→ 1,647 total - Award
Employee Stock Option (Right to Buy)
2005-02-22+57,500→ 57,500 totalExercise: $33.88From: 2006-02-22Exp: 2015-02-22→ Common Stock (57,500 underlying)
Footnotes (2)
- [F1]This amount includes 750 share rights which are subject to certain vesting.
- [F2]Employee Stock Option granted under the Chiron 2004 Stock Compensation Plan in transaction exempt under Rule 16b-3. Right to exercise vests as to 1/4 of the total shares on the first anniversary of the grant date and monthly thereafter as to 1/48 of the total shares, subject to acceleration of vesting upon certain qualifying terminations of employment. The Chiron 2004 Stock Compensation Plan has provisions permitting, in the discretion of the Administrator, the withholding of shares from the grant to satisfy income tax withholding.