Steiner Solomon 4
4 · Biodel Inc · Filed Sep 6, 2011
Insider Transaction Report
Form 4
Biodel IncBIOD
Steiner Solomon
DirectorPresident & CEO10% Owner
Transactions
- Sale
Common Stock
2011-09-01$1.22/sh−35,477$43,282→ 2,446,917 total - Sale
Common Stock
2011-09-02$1.18/sh−57,319$67,636→ 2,389,598 total
Footnotes (3)
- [F1]This transaction was executed in multiple trades at prices ranging from $1.21 to $1.25. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to proivde 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 tranaction was reflected.
- [F2]The amount shown represents shares of the Issuer beneficially owned by Steiner Ventures, LLC which shares may be deemed attributable to the Reporting Person because the Reporting Person is the sole managing member of Steiner Ventures, LL. The Reporting Person disclaims beneificial ownership except to the extent of his pecuniary interest therein.
- [F3]This transaction was executed in multiple trades at prices ranging from $1.16 to $1.21. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to proivde 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 tranaction was reflected.