Filing Details

Accession Number:
0001144204-12-039619
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-07-16 16:18:40
Reporting Period:
2012-07-12
Filing Date:
2012-07-16
Accepted Time:
2012-07-16 16:18:40
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
887497 Hi Tech Pharmacal Co Inc HITK Pharmaceutical Preparations (2834) 112638720
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1303569 W Bruce Simpson C/O Hi-Tech Pharmacal Co., Inc.
369 Bayview Avenue
Amityville NY US 11701
Yes No 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 Acquisiton 2012-07-12 3,094 $14.99 3,094 No 4 M Direct
Common Stock Acquisiton 2012-07-12 6,187 $9.65 9,281 No 4 M Direct
Common Stock Acquisiton 2012-07-12 6,188 $5.83 15,469 No 4 M Direct
Common Stock Acquisiton 2012-07-12 3,093 $19.59 18,562 No 4 M Direct
Common Stock Disposition 2012-07-12 18,562 $27.75 0 No 4 S Direct
Common Stock Acquisiton 2012-07-13 1,907 $19.59 1,907 No 4 M Direct
Common Stock Disposition 2012-07-13 1,907 $29.33 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S 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 2012-07-12 3,094 $0.00 3,094 $14.99
Commonstock Stock Option (Right to Buy) Disposition 2012-07-12 6,187 $0.00 6,187 $9.65
Common Stock Stock Option (Right to Buy) Disposition 2012-07-12 6,188 $0.00 6,188 $5.83
Common Stock Stock Option (Right to Buy) Disposition 2012-07-12 3,093 $0.00 3,093 $19.59
Common Stock Stock Option (Right to Buy) Disposition 2012-07-13 1,907 $0.00 1,907 $19.59
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2007-11-09 2016-11-09 No 4 M Direct
0 2008-11-15 2017-11-15 No 4 M Direct
3,093 2009-11-13 2018-11-13 No 4 M Direct
6,907 2010-11-12 2019-11-12 No 4 M Direct
5,000 2010-11-12 2019-11-12 No 4 M Direct
Footnotes
  1. The price reported in this column is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.35 to $28.05, inclusive. The reporting person undertakes to provide Hi-Tech Pharmacal Co., Inc., any security holder of Hi-Tech Pharmacal Co., Inc., shares, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  2. The price reported in this column is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.24 to $29.48, inclusive. The reporting person undertakes to provide Hi-Tech Pharmacal Co., Inc., any security holder of Hi-Tech Pharmacal Co., Inc., shares, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  3. Option granted under Hi-Tech Pharmacal Co., Inc.'s 1994 Directors Stock Option Plan.
  4. The option became (or becomes) exercisable in four equal annual installments beginning on the first anniversary of the grant date.
  5. Other than the options to acquire an aggregate of 8,093 shares reflected on this form as still held by the filer, the filer is also the holder of additional options to acquire 22,375 shares of Hi-Tech Pharmacal Co., Inc. common stock (for total options to acquire an aggregate of 30,468 shares currently held by the filer) which options were granted on various dates, with various exercise prices, exercise dates and expiration dates.