MNTA Insider Shareholdings
[Updated for SEC filings through 8/26/10.]
FDA approval of generic Lovenox on 7/23/10 triggered the vesting of
restricted shares held by MNTA’s executive officers, which incurred
an income-tax liability for these officers (#msg-53029172). On the
2Q10 CC on 8/3/10, CFO Rick Shea disclosed that officers would be
selling shares to cover their tax liability from the newly vested shares.
In addition, all of the executive officers and two of the directors have
10b5-1 plans that generate small sales on a regular basis.
The table entries below include both ordinary and restricted shares
and both vested and non-vested options.
Shares Options
Officers
*Craig Wheeler (CEO) 344,610 675,000
*G Venkataraman‡ (SVP/R&D) 341,887 189,325
*Steven Brugger (COO) 209,645 246,194
*John Bishop (SVP/Pharma) 49,239 121,860
*Richard Shea (CFO) 39,951 249,200
*Bruce Leicher (Gen Cnsl) 38,780 137,050
*James Roach (CMO) 18,032 205,250
Directors
John Clarke 77,123 126,000
Bruce Downey† 0 45,000
Marsha Fanucci 0 126,000
Peter Hutt 67,863 201,500
*Ram Sasisekharan‡ 306,344 126,000
*Bennett Shapiro 7,000 140,450
Elizabeth Stoner 0 79,200
James Sulat (Chairman) 0 60,000
====================== ========= =========
All fifteen insiders 1,500,474 2,728,029
*10b5-1 selling plan in effect.
†Joined BoD 6/11/09.
‡Co-founder.