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This excerpt taken from the ABII 10-K filed Mar 12, 2010. 1997 Stock Option Plan Under the 1997 Stock Option Plan, or the 1997 Plan, options to purchase shares of Old Abraxis’ common stock were granted to certain employees and the directors with an exercise price equal to the estimated fair market value of Old Abraxis’ common stock on the date of grant. The 1997 Plan stock options vested upon completion of Old Abraxis’ initial public offering in December 2001. These excerpts taken from the ABII 10-K filed Mar 6, 2009. 1997 Stock Option Plan Under the 1997 Stock Option Plan, or the 1997 Plan, options to purchase shares of Old Abraxis’ common stock were granted to certain employees and the directors with an exercise price equal to the estimated fair market value of Old Abraxis’ common stock on the date of grant. The 1997 Plan stock options vested upon completion of Old Abraxis’ initial public offering in December 2001. 1997 Stock Option Plan
The
82 Table of ContentsThe compensation committee of Old Abraxis’ board of directors administered the 2001 Plan and had the
In connection with the 2007 separation, we assumed the American upon the completion of the 2006 Merger. The units issued under the American BioScience Restricted Unit Plan II generally vested one-half on April 18, 2008 (which is the second anniversary of the closing of the 2006 Merger). The balance of the shares generally will vest on April 18, 2010. The units entitle their holders to receive a number of our shares of common stock determined on each vesting date based on the notional price that vests on such date divided by our average trading price over the three days prior to vesting; except that if the average trading price of our stock price is less than $66.63, then the notional price is divided by $66.63. The maximum number of our shares that may be issuable under this restricted unit plan is 367,100 shares. We also assumed an agreement between Old Abraxis and RSU Plan LLC (“RSU LLC”). Under the terms of As of December 31, 2008, we recorded a long-term liability of $11.0 million for awards relating to the Plans. We had a current These excerpts taken from the ABII 10-K filed Mar 31, 2008. 1997 Stock Option Plan Under the 1997 Stock Option Plan, or the 1997 Plan, options to purchase shares of Old Abraxis’ common stock were granted to certain employees and the directors with an exercise price equal to the estimated fair market value of Old Abraxis’ common stock on the date of grant. The 1997 Plan stock options vested upon completion of Old Abraxis’ initial public offering in December 2001. 1997 Stock Option Plan directors with an exercise price equal to the estimated fair market value of Old Abraxis’ common stock on the date of grant. The 1997 Plan stock options vested upon completion of Old Abraxis’ initial public offering in December 2001. This excerpt taken from the ABII 8-K filed Nov 8, 2007. 1997 Stock Option Plan Under the 1997 Stock Option Plan, or the 1997 Plan, options to purchase shares of Abraxis BioScience’s common stock were granted to certain employees and the directors with an exercise price equal to the estimated fair market value of Abraxis Bioscience’s common stock on the date of grant. The 1997 Plan stock options vested upon completion of Abraxis BioScience’s initial public offering in December 2001. | EXCERPTS ON THIS PAGE:
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