FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
IVAX CORP [ IVX ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 07/30/2003 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock, $.10 par value per share | 07/14/2003 | 07/14/2003 | G | 6,350 | D | $0 | 750 | D(1) | ||
Common Stock, $.10 par value per share | 07/14/2003 | 07/14/2003 | G | 2,500 | D | $0 | 24,401,078 | I | Frost Gamma Investments Trust(2)(3) | |
Common Stock, $.10 par value per share | 07/30/2003 | 07/30/2003 | P | 100,000 | A | $17.4349 | 225,000 | I | Frost Alpha Investments Trust(4)(7) | |
Common Stock, $.10 par value per share | 07/30/2003 | 07/30/2003 | P | 0 | A | $0 | 5,936,200 | I | Frost Nevada Investments Trust(7)(5)(6) | |
Common Stock, $.10 par value per share | 07/30/2003 | 07/30/2003 | P | 0 | A | $0 | 305,686 | I | By Wife(8) | |
Common Stock, $.10 par value per share | 07/30/2003 | 07/30/2003 | P | 0 | A | $0 | 3,078 | I | 401 (K) | |
Common Stock, $.10 par value per share | 07/30/2003 | 07/30/2003 | P | 0 | A | $0 | 140,625 | I | Frost Phi Investments Trust(9) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
1. These 750 shares are jointly owned by the reporting person and Patricia Frost, his wife. |
2. These assets are held by Frost Gamma Investments Trust, of which the reporting person is the trustee and Frost Gamma Limited Partnership is the sole and exclusive beneficiary. The reporting person is the sole limited partner of Frost Gamma L.P. The general partner of Frost Gamma, L.P. is Frost Gamma, Inc. and the sole shareholder of Frost Gamma, Inc. is Frost-Nevada Corporation. The reporting person is also the sole shareholder of Frost-Nevada Corporation. |
3. On 07/11/03 Frost Gamma Investments Trust transferred 6,350 shares to Phillip Frost M.D. |
4. These assets are held by Frost Alpha Investments Trust, of which the reporting person is the trustee and Frost Alpha Limited Partnership is the sole and exclusive beneficiary. The reporting person and the Frost 2001 Charitable Lead Annuity Trust are the sole limited partners and Frost Alpha Limited Partnership. Frost-Nevada Corporation is the sole member of Frost Alpha LLC, the general partner. |
5. These assets are held by Frost-Nevada Investments Trust, of which the reporting person is the trustee and Frost-Nevada Limited Partnership is the sole and exclusive beneficiary. The reporting person is one of three limited partners of Frost-Nevada Limited Partnership and the sole shareholder of Frost-Nevada Corporation, the sole general partner of Frost-Nevada, L.P.. During April 2002 Frost Beta, L.P. became a limited partner of Frost-Nevada L.P.. The reporting person is the sole shareholder of Frost Beta, Inc., the sole general partner of Frost Beta L.P.. Frost Alpha Charitable Remainder Trust is the only limited partner of Frost Beta, L.P. Frost Alpha L.P. is a beneficiary of Frost Alpha Charitable Remainder Trust. Frost-Nevada Corporation is the sole member of Frost Alpha LLC, which is the sole general partner of Frost Alpha L.P.. |
6. The reporting person and the Frost 2001 Charitable Lead Annuity Trust are the sole limited partners of Frost Alpha L.P.. On January 31, 2003 the Frost Alpha 2003 Charitable Lead Annuity Trust became a limited partner of Frost-Nevada Limited Partnership. |
7. The reporting person is not the trustee of the charitable trust described in notes 4, 5 and 6 above, but continues to report beneficial ownership of all securities. |
8. Pursuant to Rule 16a-1(a)4, the reporting person disclaims beneficial ownership of these shares. |
9. These assets are held by Frost Phi Investments Trust, of which the reporting person is the trustee and Frost Phi, LLLP is the sole and exclusive beneficiary. The reporting person is the sole limited partner of Frost Phi, LLLP and the sole shareholder of Frost Phi, Inc., the general partner. |
Phillip Frost, MD | 07/31/2003 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (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). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
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 Number. |