Home > Insider Trading > Filing (0000945769-12-000004)

Filing Details

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
1186837	M Martin Goldwyn	C/O Tashlik Kreutzer Goldwyn &Amp; Crandell 40 Cuttermill Road Great Neck NY 11021		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
Common Stock	Acquisiton	2012-07-13	1,406	$8.31	1,406	No	4	M	Direct
Common Stock	Disposition	2012-07-13	1,406	$0.00	0	No	4	J	Direct
Common Stock	Acquisiton	2012-07-16	1,956	$13.50	1,956	No	4	M	Direct
Common Stock	Disposition	2012-07-16	1,956	$29.83	0	No	4	S	Direct
Common Stock	Acquisiton	2012-07-16	4,000	$14.99	4,000	No	4	M	Direct
Common Stock	Disposition	2012-07-16	4,000	$32.11	0	No	4	S	Direct
Common Stock	Acquisiton	2012-07-17	401	$14.99	401	No	4	M	Direct
Common Stock	Disposition	2012-07-17	401	$32.05	0	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	J	Direct
No	4	M	Direct
No	4	S	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	2012-07-13	1,406	$0.00	1,406	$8.31
Common Stock	Stock Option (Right to Buy)	Disposition	2012-07-16	1,956	$0.00	1,956	$13.50
Common Stock	Stock Option (Right to Buy)	Disposition	2012-07-16	4,000	$0.00	4,000	$14.99
Common Stock	Stock Option (Right to Buy)	Acquisiton	2012-07-16	10,000	$0.00	10,000	$32.59
Common Stock	Stock Option (Right to Buy)	Disposition	2012-07-17	401	$0.00	401	$14.99

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
2,832	2003-12-05	2012-12-05	No	4	M	Direct
7,419	2004-11-28	2013-11-28	No	4	M	Direct
7,250	2007-11-09	2016-11-09	No	4	M	Direct
10,000	2013-07-16	2022-07-16	No	4	A	Direct
6,849	2007-11-09	2016-11-09	No	4	M	Direct

Footnotes

The shares acquired upon exercise of the options reflected on this form were immediately distributed without consideration to a member or members of Mr. Goldwyn's law firm.
The shares noted in this transaction were sold in two lots of 2,000 shares each, at $32.02 per share and $32.20 per share, respectively. The weighted average price per share is $32.11.
Stock Option granted under Hi-Tech Pharmacal Co., Inc.'s 1994 Directors Stock Option Plan.
The option became or becomes exercisable in four equal annual installments beginning on the first anniversary of the grant date.
Other than the options to acquire an aggregate of 27,100 shares reflected on this form as still held by the filer, the filer is also the holder of additional options to acquire 61,748 shares of the Company's stock (for total options to acquire an aggegate of 88,848 shares held by the filer). The other options were granted on various dates, with varying exercise prices and exercisable and expiration dates.