FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
PAR PHARMACEUTICAL COMPANIES, INC. [ PRX ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 05/10/2011 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 05/10/2011 | M | 26,800 | A | $13.06 | 105,855 | D | |||
Common Stock | 05/10/2011 | S | 2,700 | D | $35.45 | 103,155 | D | |||
Common Stock | 05/10/2011 | S | 2,493 | D | $35.46 | 100,662 | D | |||
Common Stock | 05/10/2011 | S | 2,007 | D | $35.47 | 98,655 | D | |||
Common Stock | 05/10/2011 | S | 2,100 | D | $35.48 | 96,555 | D | |||
Common Stock | 05/10/2011 | S | 2,182 | D | $35.49 | 94,373 | D | |||
Common Stock | 05/10/2011 | S | 1,618 | D | $35.5 | 92,755 | D | |||
Common Stock | 05/10/2011 | S | 500 | D | $35.51 | 92,255 | D | |||
Common Stock | 05/10/2011 | S | 700 | D | $35.52 | 91,555 | D | |||
Common Stock | 05/10/2011 | S | 200 | D | $35.53 | 91,355 | D | |||
Common Stock | 05/10/2011 | S | 100 | D | $35.54 | 91,255 | D | |||
Common Stock | 05/10/2011 | S | 1,100 | D | $35.55 | 90,155 | D | |||
Common Stock | 05/10/2011 | S | 400 | D | $35.57 | 89,755 | D | |||
Common Stock | 05/10/2011 | S | 200 | D | $35.58 | 89,555 | D | |||
Common Stock | 05/10/2011 | S | 100 | D | $35.6 | 89,455 | D | |||
Common Stock | 05/10/2011 | S | 300 | D | $35.61 | 89,155 | D | |||
Common Stock | 05/10/2011 | S | 100 | D | $35.62 | 89,055 | D | |||
Common Stock | 05/10/2011 | S | 800 | D | $35.63 | 88,255 | D | |||
Common Stock | 05/10/2011 | S | 2,658 | D | $35.64 | 85,597 | D | |||
Common Stock | 05/10/2011 | S | 4,500 | D | $35.65 | 81,097 | D | |||
Common Stock | 05/10/2011 | S | 1,042 | D | $35.66 | 80,055 | D | |||
Common Stock | 05/10/2011 | S | 200 | D | $35.67 | 79,855 | D | |||
Common Stock | 05/10/2011 | S | 200 | D | $35.68 | 79,655 | D | |||
Common Stock | 05/10/2011 | S | 500 | D | $35.69 | 79,155 | D | |||
Common Stock | 05/10/2011 | S | 100 | D | $35.7 | 79,055(2) | D | |||
Common Stock | 900 | I | By self as guardian for children |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Common Stock, Option to Buy | $13.06 | 05/10/2011 | M | 26,800 | (1) | 01/07/2019 | Common Stock | 26,800 | $0 | 53,599 | D |
Explanation of Responses: |
1. Mr. Haughey was granted an option to purchase shares of Common Stock under the Company's 2004 Performance Equity Plan. 26,800 shares vested on 1/8/2011; an additional 26,800 shares vest on 1/8/2012 and the remaining 26,799 vest on 1/8/2013. |
2. Includes (i) 42,483 shares of Common Stock, and (ii) 36,572 shares of Restricted Stock, held by Mr. Haughey. |
Remarks: |
LIMITED POWER OF ATTORNEY: KNOW ALL MEN BY THESE PRESENTS, that the undersigned does hereby constitute and appoint MARIAN E. GUSTAFSON with full power to act, as his/her true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him/her and in his/her name, place and stead, in any and all capacities, and to do any and all acts and things in his/her name and on his/her behalf, to execute any and all documents and instruments, which said attorney-in-fact may deem necessary or advisable to enable him/her to comply with the reporting requirements pursuant to Section 16 of the Securities Exchange Act of 1934, as amended, including but not limited to Form 4-Statement of Changes in Beneficial Ownership and Form 5-Annual Statement of Changes in Beneficial Ownership, relating to his/her ownership in Par Pharmaceutical Companies, Inc. (the "Company") for the period October 1, 2010 through and including September 30, 2011; and to file the same, and all other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent, full power and authority to do and perform each and every act and thing requisite and necessary to be done as fully to all intents and purposes as the undersigned might or could do in person, hereby ratifying and confirming all that the said attorney-in-fact and agent may lawfully do or cause to be done by virtue thereof. /s/ Thomas J. Haughey Dated September 30, 3010 |
/s/ Marian E. Gustafson for Thomas J. Haughey | 05/11/2011 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |