STEINER ERIK 4
4 · Biodel Inc · Filed Feb 10, 2011
Insider Transaction Report
Form 4
Biodel IncBIOD
STEINER ERIK
Vice-President, Operations
Transactions
- Exercise/Conversion
Restricted Stock Unit
2011-02-08+1,250→ 0 totalFrom: 2011-02-08Exp: 2011-02-08→ Common Stock (1,250 underlying) - Exercise/Conversion
Common Stock
2011-02-08−1,250→ 264,270 total - Sale
Common Stock
2011-02-10$2.08/sh−10,000$20,800→ 254,270 total
Footnotes (2)
- [F1]Each Restricted Stock Unit was the economic equivalent of one share of common stock. The shares of common stock were distributed upon settlement of vested Restricted Stock Units originally granted on December 15, 2009.
- [F2]This transaction was executed in multiple trades at prices ranging from $2.07 to $2.10. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.