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4//SEC Filing

HI TECH PHARMACAL CO INC 4

Accession 0001566028-13-000032

CIK 0000887497operating
View on SEC.govCompany Profile

Filed

Oct 9, 8:00 PM ET

Accepted

Oct 10, 4:52 PM ET

Size

12.2 KB

Accession

0001566028-13-000032

Insider Transaction Report

Form 4
Period: 2013-10-08
HI TECH PHARMACAL CO INCHITK
SELTZER DAVID S
DirectorCEO, President, Sec'y, Treas.10% Owner
Transactions
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2013-10-09−75,000→ 0 total
    Exercise: $14.99From: 2004-12-04Exp: 2013-12-04→ Common Stock (75,000 underlying)
  • Sale

    Common Stock

    2013-10-08$43.09/sh−23,000$991,070→ 1,290,703 total
  • Tax Payment

    Common Stock

    2013-10-09$43.09/sh−26,091$1,124,261→ 1,264,612 total
  • Exercise/Conversion

    Common Stock

    2013-10-09$14.99/sh+75,000$1,124,250→ 1,339,612 total
Holdings

  • Common Stock

    (indirect: By Spouse)
    167,445

  • Common Stock

    (indirect: By Trust)
    57,482
Footnotes (4)
  • [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.06 to $43.12, inclusive. The reporting person undertakes to provide Hi-Tech Pharmacal Co., Inc., any security holder of Hi-Tech Pharmacal Co., Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [F2]Stock Option granted under Hi-Tech Pharmacal Co., Inc.'s Amended and Restated Stock Option Plan, which is a Rule 16b-3 Plan
  • [F3]The option became exercisable in four (4) equal installments beginning on the first anniversary of the grant date.
  • [F4]Other than the option reflected on this form, Mr. Seltzer is also the holder of additional options to acquire an aggregate of 475,000 additional shares of Hi-Tech Common Stock, which options were granted on various dates, with various exercise prices, exercise dates and expiration dates.

Documents

1 file

Issuer

HI TECH PHARMACAL CO INC

CIK 0000887497

→
Entity typeoperating
IncorporatedNY

Related Parties

1
  • filerCIK 0000887497

Filing Metadata

Form type
4
Filed
Oct 9, 8:00 PM ET
Accepted
Oct 10, 4:52 PM ET
Size
12.2 KB
View on SEC.gov