Exhibit 4
IGI [logo]
NUMBER SHARES
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IGI, INC.
INCORPORATED UNDER THE LAWS OF THE STATE OF DELAWARE CUSIP 449575 10 9
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This Certifies That SEE REVERSE FOR
CERTAIN DEFINITIONS
is the owner of
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FULLY PAID AND NON-ASSESSABLE SHARES OF
THE COMMON STOCK, PAR VALUE $.01 PER SHARE OF
IGI, INC.
(herein called the "Corporation"), transferable on the books of the
Corporation by the holder hereof in person or by duly authorized attorney
upon the surrender of this certificate properly endorsed or assigned. This
certificate and the shares represented hereby are issued and shall be
subject to the laws of the State of Delaware and to all of the provisions
of the Certificate of Incorporation and By-Laws of the Corporation, as
amended from time to time. This certificate is not valid until
countersigned and registered by the Transfer Agent and Registrar.
[SEAL] WITNESS the facsimile seal of the Corporation and the facsimile
signatures of its duly authorized officers.
Dated:
/s/ Domenic N. Golato /s/ John Ambrose
SENIOR VICE PRESIDENT PRESIDENT AND
CHIEF FINANCIAL OFFICER CHIEF OPERATING OFFICER
AND TREASURER
COUNTERSIGNED AND REGISTERED:
AMERICAN STOCK TRANSFER & TRUST COMPANY
BY TRANSFER AGENT
AND REGISTRAR
AUTHORIZED SIGNATURE
IGI, INC.
THE CORPORATION IS AUTHORIZED TO ISSUE MORE THAN ONE CLASS AND SERIES
OF STOCK. THE CORPORATION WILL FURNISH TO THE HOLDER UPON WRITTEN REQUEST
WITHOUT CHARGE A STATEMENT OF THE POWERS, DESIGNATIONS, PREFERENCES AND
RELATIVE, PARTICIPATING, OPTIONAL OR OTHER SPEICAL RIGHTS OF EACH CLASS OF
STOCK OR SERIES THEREOF AND THE QUALIFICATIONS, LIMITATIONS OR RESTRICTIONS
OF SUCH PREFERENCES AND/OR RIGHTS.
The following abbreviations, when used in the inscription of the face
of this certificate, shall be construed as though they were written out in
full according to applicable laws or regulations:
TEN COM - as tenants in common UNIF GIFT MIN ACT - Custodian
TEN ENT - as tenants by the entireties (Cust) (Minor)
JT TEN - as joint tenants with right of under Uniform Gifts to Minors
survivorship and not as tenants Act -------------------------
in common (State)
Additional abbreviations may also be used though not in the above list.
For value received, ----------------- hereby sell, assign and transfer unto
PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE
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PLEASE PRINT OR TYPEWRITE NAME
AND ADDRESS INCLUDING POSTAL ZIP CODE OF ASSIGNEE
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of the capital stock represented by the within certificate, and do hereby
irrevocably constitute and appoint
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Attorney to transfer the said stock on the books of the within-named
Corporation with full power of substitution in the premises.
Dated,----------------------
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NOTICE: THE SIGNATURE OF THIS
ASSIGNMENT MUST CORRESPOND WITH THE
NAME AS WRITTEN UPON THE FACE OF
THIS CERTIFICATE, IN EVERY
PARTICULAR, WITHOUT ALTERATION OR
ENLARGEMENT, OR ANY CHANGE WHATEVER.
Signature(s) Guaranteed: ------------------------------------
THE SIGNATURE(S) SHOULD BE
GUARANTEED BY AN ELIGIBLE GUARANTOR
INSTITUTION (BANKS, STOCKBROKERS,
SAVINGS AND LOAN ASSOCIATIONS AND
CREDIT UNIONS WITH MEMBERSHIP IN AN
APPROVED SIGNATURE GUARANTEE
MEDALLION PROGRAM), PURSUANT TO
S.E.C. RULE 17Ad-16.