4 1 g78372de4.htm QUINTILES TRANSNATIONAL CORP./RUSSELL e4
 

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 4

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

o 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*
2. Issuer Name and Ticker or Trading
Symbol
3. I.R.S. Identification Number of Reporting
Person, if an entity
(Voluntary)
  Russell, John S.
(Last) (First) (Middle)
  Quintiles Transnational Corp. QTRN
 
     
  4709 Creekstone Drive
Suite 200

(Street)
4. Statement for Month/Day/Year 5. If Amendment, Date of Original (Month/Day/Year)
    September 16, 2002
 
     
    6. Relationship of Reporting Person(s)
to Issuer
(Check All Applicable)
7. Individual or Joint/Group Filing
(Check Applicable Line)
  Durham NC 27703
(City)        (State)        (Zip)
  o  Director o  10% Owner   x Form Filed by One Reporting Person
    x  Officer (give title below)   o Form Filed by More than One Reporting Person
    o  Other (specify below)  
      Executive VP, General Counsel, Corporate Secretary
     

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).

Page 1 of 8


 

                                               

Table I — Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

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 Sec-
urities Beneficially
Owned Following
Reported Trans-
action(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                   1,388 (17)     D  

  Common Stock                   422.903 (18)     I   by QTRN ESOP Trust

                         

                         

                         

                         

                         

                         

                         

                         

Page 2 of 8


 


Table II — Derivative Securities Acquired, Disposed of, or Beneficially Owned
  (e.g., puts, calls, warrants, options, convertible securities)

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)

                      Code V   (A) (D)

  Stock Option (right to buy)     $38.25          

  Stock Option (right to buy)     $53.375          

  Stock Option (right to buy)     $53.375          

  Stock Option (right to buy)     $41.625          

  Stock Option (right to buy)     $42.4375          

  Stock Option (right to buy)     $42.4375          

  Stock Option (right to buy)     $35.875          

  Stock Option (right to buy)     $35.875          

  Stock Option (right to buy)     $18.9375          

  Stock Option (right to buy)     $22.00          

Page 3 of 8


 


Table II — Derivative Securities Acquired, Disposed of, or Beneficially Owned — Continued
(e.g., puts, calls, warrants, options, convertible securities)

6. Date Exercisable and
Expiration Date

(Month/Day/Year)
7. Title and Amount
of Underlying Securities

(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 of
Derivative Security:
Direct (D) or
Indirect (I)

(Instr. 4)
11. Nature of
Indirect
Beneficial
Ownership

(Instr. 4)

  Date
Exercisable
Expiration
Date
  Title Amount or
Number of
Shares
                       

  01/01/01 01/01/08   Common Stock 12,000           12,000     D  

  04/30/99 12/31/08   Common Stock 1,440           1,440     D  

  (1) 12/31/08   Common Stock 7,123           7,123     D  

  05/19/01 05/19/09   Common Stock 5,000           5,000     D  

  05/15/00 06/07/09   Common Stock 862           862     D  

  (2) 06/07/09   Common Stock 2,859           2,859     D  

  05/15/00 08/15/09   Common Stock 1,119           1,119     D  

  (3) 08/15/09   Common Stock 4,036           4,036     D  

  11/05/01 11/05/09 (16)   Common Stock 19,100           19,100     D  

  05/15/00 11/15/09   Common Stock 717           717     D  

Explanation of Responses:

(1) Options vest 25% on 12/31/99, 50% on 12/31/00, 75% on 12/31/01, and 100% on 12/31/02.
(2) Options vest 25% on 06/07/00, 50% on 06/07/01, 75% on 06/07/02, and 100% on 06/07/03.
(3) Options vest 25% on 08/15/00, 50% on 08/15/01, 75% on 08/15/02, and 100% on 08/15/03.
(4) Options vest 25% on 11/15/00, 50% on 11/15/01, 75% on 11/15/02, and 100% on 11/15/03.
(5) Options vest 25% on 02/15/01, 50% on 02/15/02, 75% on 02/15/03, and 100% on 02/15/04.
(6) Options vest 25% on 04/24/00, 50% on 04/24/01, 75% on 04/24/02, and 100% on 04/24/03.
(7) Options vest 25% on 12/31/01, 50% on 12/31/02, 75% on 12/31/03, and 100% on 12/31/04.

/s/ Tammy B. Stogner   September 18, 2002

**Signature of Reporting Person
 
Date
By: Tammy B. Stogner, Attorney in Fact
For: John S. Russell
   


**   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.

Page 4 of 8


 


Table II — Derivative Securities Acquired, Disposed of, or Beneficially Owned
  (e.g., puts, calls, warrants, options, convertible securities)

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)

                      Code V   (A) (D)

  Stock Option (right to buy)     $22.00          

  Stock Option (right to buy)     $29.9375          

  Stock Option (right to buy)     $29.9375          

  Stock Option (right to buy)     $14.375          

  Stock Option (right to buy)     $14.25          

  Stock Option (right to buy)     $13.4375          

  Stock Option (right to buy)     $13.4375          

  Stock Option (right to buy)     $18.875          

  Stock Option (right to buy)     $25.25          

  Stock Option (right to buy)     $25.25          

Page 5 of 8


 


Table II — Derivative Securities Acquired, Disposed of, or Beneficially Owned — Continued
(e.g., puts, calls, warrants, options, convertible securities)

6. Date Exercisable and
Expiration Date

(Month/Day/Year)
7. Title and Amount
of Underlying Securities

(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 of
Derivative Security:
Direct (D) or
Indirect (I)

(Instr. 4)
11. Nature of
Indirect
Beneficial
Ownership

(Instr. 4)

  Date
Exercisable
Expiration
Date
  Title Amount or
Number of
Shares
                       

  (4) 11/15/09   Common Stock 5,484           5,484     D  

  (5) 02/15/10   Common Stock 3,934           3,934     D  

  05/15/00 02/15/10   Common Stock 567           567     D  

  (6) 04/24/10   Common Stock 15,000           15,000     D  

  04/15/02 04/15/10   Common Stock 539           539     D  

  (7) 05/04/10   Common Stock 117,398           117,398     D  

  05/15/01 05/04/10   Common Stock 16,788           16,788     D  

  (8) 03/31/11   Common Stock 22,157           22,157     D  

  07/31/01 06/30/11   Common Stock 2,456           2,456     D  

  (9) 06/30/11   Common Stock 16,237           16,237     D  

Explanation of Responses:

(8) Options vest 25% on 03/31/02, 50% on 03/31/03, 75% on 03/31/04, and 100% on 03/31/05.
(9) Options vest 25% on 06/30/02, 50% on 06/30/03, 75% on 06/30/04, and 100% on 06/30/05.
(10) Options vest 25% on 09/30/02, 50% on 09/30/03, 75% on 09/30/04, and 100% on 09/30/05.
(11) Options vest 25% on 12/31/02, 50% on 12/31/03, 75% on 12/31/04, and 100% on 12/31/05.
(12) Options vest 25% on 03/31/03, 50% on 03/31/04, 75% on 03/31/05, and 100% on 03/31/06.
(13) Options vest 25% on 05/06/03, 50% on 05/06/04, 75% on 05/06/05, and 100% on 05/06/06.
(14) Options vest 25% on 06/15/03, 50% on 06/15/04, 75% on 06/15/05, and 100% on 06/15/06.

/s/ Tammy B. Stogner   September 18, 2002

**Signature of Reporting Person
 
Date
By: Tammy B. Stogner, Attorney in Fact
For: John S. Russell
   


**   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.

Page 6 of 8


 


Table II — Derivative Securities Acquired, Disposed of, or Beneficially Owned
  (e.g., puts, calls, warrants, options, convertible securities)

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)

                      Code V   (A) (D)

  Stock Option (right to buy)     $14.60          

  Stock Option (right to buy)     $16.05          

  Stock Option (right to buy)     $17.75     03/31/02     A V   23,522

  Stock Option (right to buy)     $14.20     05/06/02     A V   6,849

  Stock Option (right to buy)     $13.09     06/15/02     A V   32,078

  Stock Option (right to buy)     $9.76     09/16/02     A   44,674

               

               

               

               

Page 7 of 8


 


Table II — Derivative Securities Acquired, Disposed of, or Beneficially Owned — Continued
(e.g., puts, calls, warrants, options, convertible securities)

6. Date Exercisable and
Expiration Date

(Month/Day/Year)
7. Title and Amount
of Underlying Securities

(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 of
Derivative Security:
Direct (D) or
Indirect (I)

(Instr. 4)
11. Nature of
Indirect
Beneficial
Ownership

(Instr. 4)

  Date
Exercisable
Expiration
Date
  Title Amount or
Number of
Shares
                       

  (10) 09/30/11   Common Stock 28,998           28,998     D  

  (11) 12/31/11   Common Stock 25,952           25,952     D  

  (12) 03/31/12   Common Stock 23,522           23,522     D  

  (13) 05/06/12   Common Stock 6,849           6,849     D  

  (14) 06/15/12   Common Stock 32,078           32,078     D  

  (15) 09/16/12   Common Stock 44,674           44,674     D  

                   

                   

                   

                   

Explanation of Responses:

(15) Options vest 25% on 09/16/03, 50% on 09/16/04, 75% on 09/16/05, and 100% on 09/16/06.
(16) In prior Form 4 and Form 5 filings, the reporting person reported the incorrect “expiration date” for this option. The correct expiration date is 11/05/09.
(17) Includes 117 shares acquired under the Quintiles Transnational Corp. Employee Stock Purchase Plan (50 for the quarter ended March 31, 2002; and 67 for the quarter ended June 30, 2002).
(18) Includes 54.398 shares allocated in March 2002 to the reporting person’s account under the Quintiles Transnational Corp. Employee Stock Ownership Plan.

/s/ Tammy B. Stogner   September 18, 2002

**Signature of Reporting Person
 
Date
By: Tammy B. Stogner, Attorney in Fact
For: John S. Russell
   


**   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.

Page 8 of 8