MOODY HOWARD 4
4 · COVANCE INC · Filed Jun 30, 2005
Insider Transaction Report
Form 4
COVANCE INCCVD
MOODY HOWARD
Corporate Sr. Vice President
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2005-06-30−800→ 4,400 totalExercise: $22.95Exp: 2013-02-26→ Common Stock (800 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2005-06-30−4,667→ 9,333 totalExercise: $29.69Exp: 2014-02-24→ Common Stock (4,667 underlying) - Sale
Common Stock
2005-06-30$45.27/sh−10,417$471,529→ 46,536 total - Exercise/Conversion
Common Stock
2005-06-30$29.69/sh+4,667$138,563→ 56,953 total - Exercise/Conversion
Stock Option (Right to Buy)
2005-06-29−8,000→ 5,200 totalExercise: $22.95Exp: 2013-02-26→ Common Stock (8,000 underlying) - Exercise/Conversion
Common Stock
2005-06-30$14.85/sh+4,950$73,508→ 52,286 total - Exercise/Conversion
Stock Option (Right to Buy)
2005-06-30−4,950→ 0 totalExercise: $14.85From: 2003-02-24Exp: 2010-02-23→ Common Stock (4,950 underlying) - Exercise/Conversion
Common Stock
2005-06-30$22.95/sh+800$18,360→ 47,336 total - Exercise/Conversion
Common Stock
2005-06-29$22.95/sh+8,000$183,600→ 54,536 total - Sale
Common Stock
2005-06-29$45.25/sh−8,000$362,000→ 46,536 total
Holdings
- 2,751(indirect: By Trust)
Common Stock - 401(k) Plan
Footnotes (3)
- [F1]The securities reported were acquired on a periodic basis by the Trustee of the Covance 401(k) plan, a broad-based, tax-qualified employee benefit plan. The information was obtained from the Plan Administrator as of 6/29/05. The shares have been accumulated by the Trustee over the employment of the reporting person and the number is based upon the market value of the reporting person's account divided by the then current market price.
- [F2]The option vests in three equal annual installments with the first installment vesting one year from grant date, one third was exercisable 2/27/04; one third was exercisable 2/27/05 and the remaining third becomes exercisable on 2/27/06.
- [F3]The option vests in three equal annual installments with the first installment vesting one year from grant date, one third was exercisable 2/25/05; one third will become exercisable on 2/25/06 and 2/25/07.