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Insider Trading: MINRAD INTERNATIONAL, INC.

Monthly summaries of insider trading activities (stock purchases, sales, and option exercises) reported by insiders of MINRAD INTERNATIONAL, INC. since year 2005 are given in the first table. The second table lists detailed insider transactions reported by MINRAD INTERNATIONAL, INC. since 2005. The reporting company's ticker symbol is BUF. The reporting company's CIK number is 1121225. The total value of stock buying during this period is $5,101,932. The total value of stock sales is $10,513,848. The total value of stock exercises is $1,021,622.

Figure 1. Monthly insider transaction values at MINRAD INTERNATIONAL, INC. (BUF) in the past 24 months. The trade values of insider stock buys, sales, and option exercises are in logarithmic scale as shown on the right axis labels. The detailed monthly and daily insider transactions are listed in the 2 tables below.

  • 06

  • 07

  • 08

  • 09

  • 10

  • 11

  • 12

  • 01 2007

  • 02

  • 03

  • 04

  • 05

  • 06

  • 07

  • 08

  • 09

  • 10

  • 11

  • 12

  • 01 2008

  • 02

  • 03

  • 04

  • 05

  • $3,690k

    $369k

    $36k

    $3k

  • Buy
  • Sale
  • Option Exercise

Figure 2. Average prices of insider buys, sales, and option exercises at MINRAD INTERNATIONAL, INC. (BUF) in the past 24 months. See table 2 for insider transaction details.

  • 06

  • 07

  • 08

  • 09

  • 10

  • 11

  • 12

  • 01 2007

  • 02

  • 03

  • 04

  • 05

  • 06

  • 07

  • 08

  • 09

  • 10

  • 11

  • 12

  • 01 2008

  • 02

  • 03

  • 04

  • 05

  • $6.15

    $4.61

    $3.08

    $1.54



Table 1. Monthly summaries of insider stock purchases, sales, and option exercises for MINRAD INTERNATIONAL, INC. (BUF).
Trading Period
year-month  
Insider Buying     
Shares               Value ($)
Insider Sales     
Shares               Value ($)
Option Exercises     
Shares               Value ($)
2008-04 0 0 0 0 17,500 24,500
2008-02 0 0 628 1,526 0 0
2008-01 62,099 200,495 0 0 0 0
2007-12 104,666 309,508 0 0 0 0
2007-11 176,235 435,918 0 0 60,000 84,000
2007-09 103,700 484,022 0 0 0 0
2007-08 769,300 3,630,325 50,478 261,409 0 0
2007-07 0 0 10,000 53,500 0 0
2007-06 0 0 178,250 1,054,299 10,000 16,500
2007-05 0 0 517,881 3,043,126 197,081 330,110
2007-03 0 0 600,000 3,690,000 0 0
2007-01 0 0 452,480 2,409,988 0 0
2006-11 0 0 0 0 4,250 7,012
2006-08 11,200 41,664 0 0 0 0
2006-07 0 0 0 0 30,000 49,500
2006-04 0 0 0 0 495,000 510,000

Table 2. Detailed insider stock purchases, sales, and option exercises for MINRAD INTERNATIONAL, INC. (BUF)
  Trade Date   Insider Name Trade Type     Shares       Price ($)   Value ($)
2008-04-03 Burns William H Jr (Chairman & CEO) Option Exercise 17,500 1.40 24,500
2008-02-21 Kimberlin Kevin (10% Owner) Sale 628 2.43 1,526
2008-01-07 Healey Joseph Patrick (10% Owner) Purchase 400 3.02 1,208
2008-01-02 Healey Joseph Patrick (10% Owner) Purchase 61,699 3.23 199,287
2007-12-31 Healey Joseph Patrick (10% Owner) Purchase 53,301 3.22 171,629
2007-12-28 Healey Joseph Patrick (10% Owner) Purchase 10,000 3.24 32,400
2007-12-04 Healey Joseph Patrick (10% Owner) Purchase 16,265 2.55 41,475
2007-12-03 Healey Joseph Patrick (10% Owner) Purchase 25,100 2.55 64,004
2007-11-30 Healey Joseph Patrick (10% Owner) Purchase 97,275 2.59 251,942
2007-11-29 Healey Joseph Patrick (10% Owner) Purchase 78,960 2.33 183,976
2007-11-16 Burns William H Jr (Chairman & CEO) Option Exercise 10,000 1.40 14,000
2007-11-08 Burns William H Jr (Chairman of the Board & CEO) Option Exercise 50,000 1.40 70,000
2007-09-12 Cohen Arthur Bruce (10% Owner) Purchase 12,500 4.50 56,250
2007-09-11 Cohen Arthur Bruce (10% Owner) Purchase 5,000 4.55 22,750
2007-09-10 Cohen Arthur Bruce (10% Owner) Purchase 33,600 4.53 152,208
2007-09-07 Cohen Arthur Bruce (10% Owner) Purchase 5,900 4.54 26,786
2007-09-04 Cohen Arthur Bruce (10% Owner) Purchase 46,700 4.84 226,028
2007-08-31 Cohen Arthur Bruce (10% Owner) Purchase 40,000 4.80 192,000
2007-08-30 Cohen Arthur Bruce (10% Owner) Purchase 13,300 4.63 61,579
2007-08-23 Cohen Arthur Bruce (10% Owner) Purchase 40,900 4.70 192,230
2007-08-17 Rousseau John (Director) Sale 41,200 5.30 218,360
2007-08-14 Cohen Arthur Bruce (10% Owner) Purchase 55,900 4.84 270,556
2007-08-13 Cohen Arthur Bruce (10% Owner) Purchase 3,200 4.90 15,680
2007-08-06 Kimberlin Kevin (10% Owner) Sale 9,278 4.64 43,049
2007-08-03 Cohen Arthur Bruce (10% Owner) Purchase 616,000 4.70 2,898,280
2007-07-17 Kimberlin Kevin (10% Owner) Sale 10,000 5.35 53,500
2007-06-15 Tamulski Richard (Vice President & Treasurer) Option Exercise 10,000 1.65 16,500
2007-06-07 Kamsler Kirk (Sr VP) Sale 6,050 5.80 35,090
2007-06-05 Kamsler Kirk (Senior VP) Sale 12,100 6.05 73,205
2007-06-05 Kimberlin Kevin (10% Owner) Sale 150,000 5.90 885,000
2007-06-04 Kamsler Kirk (Senior VP) Sale 10,100 6.04 61,004
2007-05-30 Burns William H Jr (CEO & Board Chairman) Sale 197,081 6.00 1,182,486
2007-05-30 Burns William H Jr (CEO & Board Chairman) Option Exercise 197,081 1.68 330,110
2007-05-10 Kimberlin Kevin (10% Owner) Sale 320,800 5.80 1,860,640
2007-03-18 Rousseau John (Director) Sale 600,000 6.15 3,690,000
2007-01-29 Kimberlin Kevin (10% Owner) Sale 400,000 5.30 2,120,000
2007-01-26 Kimberlin Kevin (10% Owner) Sale 52,480 5.53 289,988
2006-11-20 Kamsler Kirk (Sr. VP Commercial Development) Option Exercise 4,250 1.65 7,012
2006-08-16 Rousseau John (Director) Purchase 11,200 3.72 41,664
2006-07-24 Tamulski Richard (VP Treasurer) Option Exercise 20,000 1.65 33,000
2006-04-26 Rousseau John (Director) Option Exercise 475,000 1.00 475,000
2006-04-14 Kamsler Kirk (Sr. VP Commercial Development) Option Exercise 20,000 1.75 35,000

Insider trading activities including stock purchases, stock sales, and option exercises listed in the above tables cannot be completely guaranteed as to their accuracy. For more insider trading information of MINRAD INTERNATIONAL, INC. (symbol BUF, CIK number 1121225) see the Securities and Exchange Commission (SEC) website.

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