WEST PHARMACEUTICAL SERVICES INC 4/A
4/A · WEST PHARMACEUTICAL SERVICES INC · Filed Oct 4, 2006
Insider Transaction Report
Form 4/AAmended
KEATING ROBERT J
Pres. Europe & Asia Pacific
Transactions
- Award
Common Stocks
2006-02-24+2,975→ 27,774.84 total - Award
Common Stocks
2005-03-07+3,925→ 10,342.436 total
Footnotes (3)
- [F1]Settlement for stock of Performance Rights that are non-derivative securities. See explanation below for further information.
- [F2]The Reporting Person was awarded 2,260 Performance Vesting Restricted (PVR) Shares on May 5, 2004 and 4,340 PVR Shares on June 29 2004, for a total of 6,600 PVR Shares following the Company's 2004 stock split. The 2004 PVR Share Awards were inappropriately reported as restricted stock awards. In fact, the 2004 PVR Share Awards constituted performance rights that are non-derivative securities. As such, no reports should have been filed until the PVR Awards are settled in stock. Reporting the initial grant resulted in an overstatement of the amount of securities beneficially owned (Column 5, Table 1) in subsequently filed reports. The Reporting Person is filng this report to: (i) properly characterize the PVR Shares as performance rights; and (ii) adjust the amount of securities beneficially owned and eliminate the overstatement.
- [F3]Amount as of filing date.