-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UFR+eGHG4PeclQ8iehdqaql/kqbJ+pqBIZqkexje3C7zsg9fvnEPU+BPJZ6ABqEG 6EKlwdeN+C7HATp7CfyT8Q== 0001209191-08-026841.txt : 20080501 0001209191-08-026841.hdr.sgml : 20080501 20080501160919 ACCESSION NUMBER: 0001209191-08-026841 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080429 FILED AS OF DATE: 20080501 DATE AS OF CHANGE: 20080501 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: NOVEN PHARMACEUTICALS INC CENTRAL INDEX KEY: 0000815838 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 592767632 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 11960 SW 144TH ST CITY: MIAMI STATE: FL ZIP: 33186 BUSINESS PHONE: 3052535099 MAIL ADDRESS: STREET 1: 11960 SW 144TH STREET CITY: MIAMI STATE: FL ZIP: 33185 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Brandt Peter C. CENTRAL INDEX KEY: 0001434099 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-17254 FILM NUMBER: 08794791 BUSINESS ADDRESS: BUSINESS PHONE: 305-253-5099 MAIL ADDRESS: STREET 1: NOVEN PHARMACEUTICALS, INC. STREET 2: 11960 SW 144TH STREET CITY: MIAMI STATE: FL ZIP: 33186 4 1 doc4.xml FORM 4 SUBMISSION X0202 4 2008-04-29 0 0000815838 NOVEN PHARMACEUTICALS INC NOVN 0001434099 Brandt Peter C. C/O NOVEN PHARMACEUTICALS, INC. 11960 SW 144TH STREET MIAMI FL 33186 1 1 0 0 President and CEO Common Stock ($.0001 par value) 2008-04-29 4 A 0 250000 0.00 A 250000 D Stock Appreciation Right 9.10 2008-04-29 4 A 0 311529 0.00 A 2015-04-28 Common Stock ($.0001 par value) 311529 311529 D The shares of restricted stock vest as follows: (a) 50,000 shares immediately upon grant; (b) 16,667 shares on the first anniversary of the employment agreement; (c) 16,666 shares on the second anniversary of the employment agreement; (d) 16,666 shares on the third anniversary of the employment agreement; (e) 50,000 shares upon the Issuer attaining pre-tax income of $50 million or more over any four consecutive quarters; (f) 50,000 shares upon the Issuer attaining pre-tax income of $75 million or more over any four consecutive quarters; and (g) 50,000 shares upon the Issuer attaining pre-tax income of $100 million or more over any four consecutive quarters. 25% exercisable beginning on 04/29/2009; 25% exercisable beginning on 04/29/2010; 25% exercisable beginning on 04/29/2011; 25% exercisable beginning on 04/29/2012 /s/ Peter Brandt 2008-05-01 -----END PRIVACY-ENHANCED MESSAGE-----