HAYWARD SURRY JEREMY 4
4 · SAVIENT PHARMACEUTICALS INC · Filed Jan 5, 2004
Insider Transaction Report
Form 4
HAYWARD SURRY JEREMY
Director
Transactions
- Award
Options to purchase common stock, $.01 par value per share
2003-12-31$4.61/sh+5,000$23,050→ 10,833 totalExercise: $4.61From: 2004-12-31Exp: 2013-12-31→ Common stock, $.01 par value per share (5,000 underlying) - Award
Common stock, $.01 par value per share
2003-12-31$4.61/sh+542$2,499→ 1,037 total
Footnotes (2)
- [F1]These shares were granted pursuant to the Company's Stock Compensation Plan for Outside Directors, 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 $2,500, until he is no longer an Outside Director. On December 31, 2003, the fair market value of the Common Stock, based on the closing price, was $4.61.
- [F2]These options will become fully vested and immediately exercisable on 12/31/2004.