UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
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 control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Option, Right to Buy | Â (2) | 03/04/2015 | Common Stock | 20,000 | $ 9.785 | D | Â |
Stock Option, Right to Buy | Â (3) | 10/18/2015 | Common Stock | 2,500 | $ 15.56 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Elrod James W C/O KING PHARMACEUTICALS, INC. 501 FIFTH STREET BRISTOL, TN 37620 |
 |  |  General Counsel and Corp. Sec. |  |
/s/ Marianne Staniunas, Attorney in Fact | 03/03/2006 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(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). |
(1) | Represents restricted stock that was issued on February 21, 2006. One hundred percent of such stock vests on February 21, 2009. |
(2) | The option was granted on March 4, 2005. Fifty percent of it vests on the first anniversary of the date of grant and the remaining 50% vests on the second anniversary of the date of grant. |
(3) | The option was granted on October 18, 2005. Thirty-three percent vests on each of June 1, 2006 and June 1, 2007. The remaining 34% vests on June 1, 2008. |
 Remarks: Exhibit List: Exhibit 24 - Power of Attorney |