FERRARI LOUIS 4
4 · SAVIENT PHARMACEUTICALS INC · Filed Mar 7, 2013
Insider Transaction Report
Form 4
FERRARI LOUIS
SVP, North American Commerical
Transactions
- Award
Option to Purchase Common Stock
2013-03-05+180,000→ 180,000 totalExercise: $0.94Exp: 2023-03-05→ Common Stock (180,000 underlying) - Award
Option to Purchase Common Stock
2013-03-05+60,200→ 60,200 totalExercise: $2.26Exp: 2022-02-01→ Common Stock (60,200 underlying) - Award
Option to Purchase Common Stock
2012-07-09+150,000→ 150,000 totalExercise: $0.56Exp: 2022-07-09→ Common Stock (150,000 underlying)
Holdings
- 308,459
Common Stock
Footnotes (3)
- [F1]These options will vest in proportional 25% increments on each of the first four anniversaries of the grant date, March 5, 2013.
- [F2]These options reflect the vesting of performance options that were granted to the reporting person effective February 1, 2012.
- [F3]These performance options were granted effective July 9, 2012 and vest, if at all, in proportional 25% increments if the closing price of Savient's common stock during any period of 30 consecutive calendar days equals or exceeds certain pre-agreed share prices.