X0202 4 2005-12-20 0000887497 HI TECH PHARMACAL CO INC HITK 0001142334 SELTZER REUBEN C/O HI-TECH PHARMACAL CO., INC. 369 BAYVIEW AVENUE AMITYVILLE NY 11701 1 0 1 0 Common Stock 2005-12-20 4 S 0 15000 43.53 D 374390 D Common Stock 2005-12-21 4 S 0 12141 44.02 D 362249 D Common Stock 2005-12-21 4 S 0 4000 44.22 D 246760 I By spouse and issue Common Stock 2005-12-21 4 S 0 4000 44.03 D 242760 I By spouse and issue Common Stock 2005-12-21 4 S 0 4000 44.46 D 238760 I By spouse and issue Common Stock 2005-12-21 4 S 0 4000 44.04 D 234760 I By spouse and issue Common Stock 2005-12-21 4 S 0 4000 44.09 D 230760 I By spouse and issue The selling price of $43.53 per share reflects an average selling price for the total amount of shares (15,000) which were sold in thirty one transactions at various price levels between $43.14 and $43.94 per share. The selling price of $44.02 per share reflects an average selling price for the total amount of shares (12,141) which were sold in seven transactions at various price levels between $44.00 and $44.15 per share. The selling price of $44.22 per share reflects an average selling price for the total amount of shares (4,000) which were sold in five transactions at various price levels between $44.21 and $44.31 per share. The selling price of $44.03 per share reflects an average selling price for the total amount of shares (4,000) which were sold in eight transactions at various price levels between $44.00 and $44.24 per share. The selling price of $44.46 per share reflects an average selling price for the total amount of shares (4,000) which were sold in seven transactions at various price levels between $44.32 and $44.52 per share. The selling price of $44.04 per share reflects an average selling price for the total amount of shares (4,000) which were sold in six transactions at various price levels between $44.00 and $44.13 per share. The selling price of $44.09 per share reflects an average selling price for the total amount of shares (4,000) which were sold in five transactions at various price levels between $44.08 and $44.18 per share. Reuben Seltzer 2005-12-22