Filing Details

Accession Number:
0001127602-10-016345
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-06-03 13:00:00
Reporting Period:
2010-06-01
Filing Date:
2010-06-03
Accepted Time:
2010-06-03 16:51:17
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
729922 Osi Pharmaceuticals Inc OSIP In Vitro & In Vivo Diagnostic Substances (2835) 133159796
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1488772 M. Angela Davies C/O Osi Pharmaceuticals, Inc.
420 Saw Mill River Road
Ardsley NY 10502
Sr. Vp And Cmo, Oncology No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2010-06-01 298 $57.44 5,436 No 4 S Direct
Common Stock Disposition 2010-06-03 445 $57.50 4,991 No 4 U Direct
Common Stock Disposition 2010-06-03 4,975 $57.50 16 No 4 D Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 U Direct
No 4 D Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2010-06-03 18,900 $57.50 18,900 $38.13
Common Stock Stock Option (Right to Buy) Disposition 2010-06-03 2,580 $57.50 2,580 $33.62
Common Stock Stock Option (Right to Buy) Disposition 2010-06-03 9,000 $57.50 9,000 $35.40
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2015-03-02 No 4 D Direct
0 2015-12-15 No 4 D Direct
0 2019-12-14 No 4 D Direct
Footnotes
  1. Represents the number of unvested Restricted Stock Units that were canceled in exchange for a cash payment of $57.50 per unit in accordance with the Agreement and Plan of Merger, dated as of May 16, 2010, among OSI Pharmaceuticals, Inc., Astellas Pharma Inc., Astellas US Holding, Inc. and Ruby Acquisition, Inc.
  2. These stock options were canceled in exchange for a cash payment in accordance with the Agreement and Plan of Merger, dated as of May 16, 2010, among OSI Pharmaceuticals, Inc., Astellas Pharma Inc., Astellas US Holding, Inc. and Ruby Acquisition, Inc. The cash payment made with respect to each stock option equals the product of (x) the number of shares issuable upon the exercise of such option multiplied by (y) the excess, if any, of $57.50 over the exercise price per share for such option.
  3. Includes 16 shares acquired under the OSI Employee Stock Purchase Plan on June 1, 2010.