David Standring and Paul Fanning — EVP Biology and SVP Human Resources, respectively — filed SEC Form-3 today. Form-3 is the first filing for an insider who will subsequently report all transactions in company shares on Form-4.
Neither Standring or Fanning is a new employee; they are new Form-4 filers because they were promoted to executive-officer status during 2007.
As of 2/22/08, Standring owned 60K shares and 135K options while Fanning owned 1K shares and 130K options. (Some of these options are far out of the money).
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