IMPAX LABORATORIES INC 4
4 · IMPAX LABORATORIES INC · Filed Mar 1, 2016
Insider Transaction Report
Form 4
Nornhold Jeffrey
SVP, Technical Operations
Transactions
- Award
Stock Option (Right to Buy)
2016-02-26+41,842→ 41,842 totalExercise: $33.27Exp: 2026-02-26→ Common Stock (41,482 underlying) - Award
Common Stock
2016-02-26+17,317→ 80,313 total - Tax Payment
Common Stock
2016-02-26$33.27/sh−1,204$40,057→ 62,996 total
Footnotes (2)
- [F1]These shares of common stock were withheld by the issuer upon the vesting of a restricted stock award to satisfy Mr. Nornhold's payroll tax withholding obligations. Such withholding is treated as a disposition of securities under Section 16 of the Securities Exchange Act of 1934, as amended.
- [F2]The option vests in four equal installments beginning on February 26, 2017, which is the first anniversary of the grant date.