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Quotes & Info
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| FRX > SEC Filings for FRX > Form 8-K on 3-Apr-2009 | All Recent SEC Filings |
3-Apr-2009
Other Events
The Company is filing this Current Report on Form 8-K solely to correct an inadvertent omission from the Grants of Plan-Based Awards table included in its 2008 Proxy Statement distributed in connection with its Annual Meeting of Stockholders held in August 2008. The table included in the Proxy Statement inadvertently included duplicate numbers in the last two columns. The Company has set forth below the corrected table indicating the revised information in the last column:
All Other
All Other Option Awards:
Stock Awards: Number of Exercise or Grant Date
Number of Securities Base Price of Fair Value of
Shares of Stock Underlying Option Stock and
or Units Options Awards Option Awards
Name Grant Date (#) (#) ($) ($)
Howard Solomon 12/06/07 60,000 (1) 125,000 (2) 37.2550 4,651,263
Lawrence S. Olanoff, 12/06/07 40,000 (1) 75,000 (2) 37.2550 2,939,778
M.D., Ph.D.
Elaine Hochberg 12/06/07 25,000 (3) 50,000 (4) 37.2550 1,691,110
Francis I. Perier, Jr. 12/06/07 20,000 (3) 50,000 (4) 37.2550 1,504,835
Ivan Gergel, M.D. 12/06/07 15,000 (3) 30,000 (4) 37.2550 1,014,666
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(1) The stock award is subject to a risk at
forfeiture which lapses as to 25% of the shares
covered by the award on the six month
anniversary of the grant date and as to 25% of
the shares covered by the award on each of the
first three anniversaries of the grant date.
(2) The stock option has a term of ten years and
becomes exercisable as to all of the shares
covered by the option on the six month
anniversary of the grant date.
(3) The stock award is subject to a risk at
forfeiture which lapses as to 25% of the shares
covered by the award on each of the first,
second, third and fourth anniversaries of the
grant date.
(4) The stock option has a term of ten years and
vests and is exercisable as to 15% of the
shares covered by the option on the first,
second, third and fourth anniversaries of the
grant date and as to the remaining 40% of the
shares covered by the option on the fifth
anniversary of the grant date.
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