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SECURITIES AND EXCHANGE COMMISSION |
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FORM 8-K |
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Alpharma Inc. |
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(Exact name of registrant as specified in its charter) |
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Delaware (State or other jurisdiction of incorporation) |
1-8593 (Commission File Number) |
22-2095212 (IRS Employer Identification) |
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One Executive Drive, Fort Lee, New Jersey 07024 |
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Registrant's telephone number, including area code |
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Not Applicable |
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last report) |
Item 1.01 Entry into a Material Definitive Agreement.
Restricted Stock Unit Awards
On June 23, 2005, at the recommendation of the Compensation Committee of the Board of Directors (the "Board") of Alpharma Inc. (the "Company"), the Board approved the annual 2005 restricted stock unit awards for the non-executive members of the Board as of such date. The awards consist of restricted stock units granted pursuant to the Alpharma Inc. 2003 Omnibus Incentive Compensation Plan.
The following table sets forth the restricted stock unit awards granted to the non-executive members of the Board.
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NAME |
AWARD |
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Einar W. Sissener, Chairman |
7,500 Restricted Stock Units |
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Finn Berg Jacobsen |
5,835 Restricted Stock Units |
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Glen E. Hess |
5,000 Restricted Stock Units |
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William I. Jacobs |
5,000 Restricted Stock Units |
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Jill Kanin-Lovers |
5,000 Restricted Stock Units |
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Ramon M. Perez |
5,000 Restricted Stock Units |
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Robert Thong |
5,000 Restricted Stock Units |
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Peter G. Tombros |
5,000 Restricted Stock Units |
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Farah M. Walters |
5,000 Restricted Stock Units |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned duly authorized.
ALPHARMA INC.
(Registrant)
By /s/ Robert F. Wrobel
Name: Robert F. Wrobel
Title: Secretary
Date: June 27, 2005