COVANCE INC 4
4 · COVANCE INC · Filed May 21, 2010
Insider Transaction Report
Form 4
COVANCE INCCVD
Bang Kathleen G
Director
Transactions
- Disposition to Issuer
Common Stock
2010-05-20$51.69/sh−1,100$56,859→ 2,000 total - Exercise/Conversion
Common Stock
2010-05-20+1,100→ 3,100 total - Award
Phantom Stock Units (DRUP) - 2010 Award
2010-05-20+1,600→ 1,600 total→ Common Stock (1,600 underlying) - Exercise/Conversion
Phantom Stock Units (drup)
2010-05-20−1,100→ 0 total→ Common Stock (1,100 underlying)
Footnotes (2)
- [F1]Phantom Stock Units were granted to said Director under the Company's Restricted Unit Plan for Non-Employee Directors and are payable in cash on a date determined in accordance with the Plan.
- [F2]The Phantom Stock Units were granted to said Director under the Company's Restricted Unit Plan for Non-Employee Directors and were paid in cash on the transaction date in accordance with the plan.