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4//SEC Filing

K-V Pharmaceutical Co 4

Accession 0001296276-13-000001

CIK 0000057055operating

Filed

Sep 25, 8:00 PM ET

Accepted

Sep 26, 1:09 PM ET

Size

19.5 KB

Accession

0001296276-13-000001

Insider Transaction Report

Form 4
Period: 2013-09-16
Hermelin David S
DirectorVice PresidentOther
Transactions
  • Other

    Class A Common Stock

    2013-09-1615,3750 total
  • Other

    Option to Purchase

    2013-09-1620,0000 total
    Exercise: $0.94Exp: 2022-05-14Class A Common Stock (20,000 underlying)
  • Other

    Option to Purchase

    2013-09-1620,0000 total
    Exercise: $1.49Exp: 2021-09-08Class A Common Stock (20,000 underlying)
  • Other

    Class B Common Stock

    2013-09-1652,8750 total
  • Other

    Class B Common Stock

    2013-09-162,136,5550 total(indirect: See footnote)
  • Other

    Option to Purchase

    2013-09-1610,0000 total
    Exercise: $1.62Exp: 2020-09-07Class A Common Stock (10,000 underlying)
  • Other

    Class A Common Stock

    2013-09-161,343,1870 total(indirect: See footnote)
  • Other

    Option to Purchase

    2013-09-1615,0000 total
    Exercise: $2.95Exp: 2019-01-13Class A Common Stock (15,000 underlying)
Footnotes (6)
  • [F1]On September 16, 2013, the Sixth Amended Joint Chapter 11 Plan of Reorganization of K-V Pharmaceutical Company (the "Company"), which was confirmed by the United States Bankruptcy Court for the Southern District of New York on August 28, 2013, was consummated. As a result, all issued and outstanding shares of the Companys Class A Common Stock, Class B Common Stock and 7% Cumulative Convertible Preferred Stock, and the warrants and options exercisable therefor, were cancelled and extinguished.
  • [F2]The Reporting Person is one of three trustees of two irrevocable trusts that hold such shares, the beneficiaries of which are Marc S. Hermelin, father of the Reporting Person, as to 851,688 shares of Class A Common Stock and 1,771,293 shares of Class B Common Stock, and Minnette Hermelin, grandmother of the Reporting Person, as to 491,499 shares of Class A Common Stock and 365,262 shares of Class B Common Stock.
  • [F3]The option was to vest in four equal quarterly installments beginning on March 31, 2009.
  • [F4]The option was to vest in five equal annual installments beginning on September 7, 2011.
  • [F5]The option was to vest in three equal installments beginning on September 8, 2012.
  • [F6]The option was to vest 33% on May 14, 2013, 33% on May 14, 2014 and 34% on May 14, 2015.

Issuer

K-V Pharmaceutical Co

CIK 0000057055

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000057055

Filing Metadata

Form type
4
Filed
Sep 25, 8:00 PM ET
Accepted
Sep 26, 1:09 PM ET
Size
19.5 KB