X0202 4 2007-05-23 0 0000821616 BENTLEY PHARMACEUTICALS INC BNT 0001209435 JOHNSON F ROSS BENTLEY PARK 2 HOLLAND WAY EXETER NH 03833 1 0 0 0 Common Stock, $0.02 par value 12500 D Restricted Stock Units 2007-05-23 4 A 0 8000 0 A Common Stock, $0.02 par value 8000 8000 D Right to purchase 12.5 2014-06-07 Common Stock, $0.02 par value 20000 20000 D Right to purchase 10.785 2015-05-24 Common Stock, $0.02 par value 20000 20000 D Restricted Stock Units Common Stock, $0.02 par value 8000 8000 D Each restricted stock unit represents a contingent right to receive one share of Bentley Pharmaceuticals, Inc. Common Stock, $0.02 par value. Restricted stock units were granted under the terms of the Company's Amended and Restated 2005 Equity and Incentive Plan. The units vest in four equal installments on July 31, 2007, October 31, 2007, January 31, 2008 and April 30, 2008. Vested shares will be issued to the reporting person upon the earlier of (i) June 2, 2008 or (ii) the date he ceases to serve as a Director of the Company. Options were granted under terms of the Company's 2001 Directors' Stock Option Plan as remuneration for services as a member of the Board of Directors. Grant became exercisable in four equal installments on 7/31/2004, 10/31/2004, 1/31/2005 and 4/30/2005. Options were granted under terms of the Company's 2005 Equity and Incentive Plan as remuneration for services as a member of the Board of Directors. Grant became exercisable in four equal installments on 7/31/2005, 10/31/2005, 1/31/2006 and 4/30/2006. Restricted stock units were granted under the terms of the Company's Amended and Restated 2005 Equity and Incentive Plan. The units vested in four equal installments on 7/31/2006, 10/31/2006, 1/31/2007 and 4/30/2007 and the shares will be issued to the reporting person upon the earlier of (i) January 2, 2008 or (ii) the date he ceases to serve as a Director of the Company. F Ross Johnson 2007-05-25