MOODY HOWARD 4
4 · COVANCE INC · Filed Feb 22, 2005
Insider Transaction Report
Form 4
COVANCE INCCVD
MOODY HOWARD
Corporate Sr. Vice President
Transactions
- Award
Stock Option (Right to Buy)
2005-02-17+4,250→ 4,250 totalExercise: $42.32Exp: 2015-02-16→ Common Stock (4,250 underlying) - Tax Payment
Common Stock
2005-02-17$42.31/sh−663$28,055→ 46,486 total - Award
Common Stock
2005-02-17+8,140→ 47,149 total
Holdings
- 2,515(indirect: By Trust)
Common Stock - 401(k) Plan
Footnotes (2)
- [F1]The securities reported were acquired on a periodic basis by the Trustee of the Covance 401(k) plan, a broad-based, tax-qualified employee benefit plan. The information was obtained from the Plan Administrator as of 2/17/05. The shares have been accumulated by the Trustee over the employment of the reporting person and the number is based upon the market value of the reporting person's account divided by the then current market price.
- [F2]The option vests in three equal annual installments with the first installment vesting one year from grant date.