Constantine Ginger 4
4 · SAVIENT PHARMACEUTICALS INC · Filed May 31, 2011
Insider Transaction Report
Form 4
Constantine Ginger
Director
Transactions
- Award
Common Stock, $.01 par value per share
2011-05-26$7.78/sh+5,291$41,164→ 15,633 total - Award
Option to Purchase Common Stock, $0.01 par value
2011-05-26$7.78/sh−7,031$54,701→ 7,031 totalExercise: $7.78From: 2011-08-26Exp: 2021-05-26→ Common Stock, $0.01 par value (7,031 underlying)
Footnotes (2)
- [F1]The right to receive these shares is pursuant to a restricted stock grant that vests equally every three months beginning on August 26, 2011, with the last tranche vesting on the earlier of May 26, 2012 or the Company's 2012 Annual Meeting of Stockholders.
- [F2]The stock options will vest equally every three months beginning on August 26, 2011, with the last tranche vesting on the earlier of May 26, 2012 or the Company's 2012 Annual Meeting of Stockholders.