Forest Laboratories's SVP-Chief Human Resources Off. just picked up 19,791 shares

Karen Ling, Forest Laboratories's SVP-Chief Human Resources Off., recently acquired 19,791 shares of the company. The buys took place at prices ranging from $0.00 to $69.55 per share, on January 21, 2014. Ling now owns 19,791 shares of the company. Ling operates out of New York, NY. Some additional info was provided as follows:

Shares purchased from the Company in a 16b-3(d) transaction pursuant to Ms. Ling's letter agreement with the Company dated December 19, 2013. These shares of common stock are issued under the Company's 2007 Equity Incentive Plan and are subject to a risk of forfeiture which lapses as to one-third of the shares on each of the first three anniversaries of the grant date (January 21, 2014). This amount includes shares of common stock which are subject to a risk of forfeiture. These shares of common stock are issued under the Company's 2007 Equity Incentive Plan and are subject to a risk of forfeiture which lapses as to 15% of the shares on May 1, 2014, 15% of the shares on December 31, 2014, 30% of the shares on May 1, 2015, 15% of the shares on December 31, 2015 and 25% of the shares on May 1, 2016. The option becomes exercisable as to 25% of the shares covered by the option on each of the first four anniversaries of the grant date (January 21, 2014). Not Applicable. The option becomes exercisable as to 15% of the shares covered by the option on May 1, 2014, 15% of the shares covered by the option on December 31, 2014, 30% of the shares covered by the option on May 1, 2015, 15% of the shares covered by the option on December 31, 2015 and 25% of the shares covered by the option on May 1, 2016. These restricted stock units are issued under the Company's 2007 Equity Incentive Plan and represent a contingent right to receive one share of the Company's common stock for each stock unit. These restricted stock units become exercisable as to 20% of the stock units on July 27th of each of 2018, 2019, 2020, and 2021, 5% of the stock units on July 27, 2022, and the remaining 15% of the stock units on July 27, 2023.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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Other recent filings from the company include the following:

Prospectuses and communications, business combinations - April 22, 2014
Prospectuses and communications, business combinations - April 22, 2014

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