LASERCARD CORP 4
4 · LASERCARD CORP · Filed Sep 23, 2009
Insider Transaction Report
Form 4
LASERCARD CORPLCRD
DYBALL CHRISTOPHER J
Chief Operating Officer
Transactions
- Award
Common Stock
2009-09-22+8,837→ 40,383 total - Tax Payment
Common Stock
2009-09-21$8.10/sh−670$5,427→ 31,546 total
Holdings
- 30,000
Stock Options (Right to buy)
Exercise: $10.40From: 2008-09-21Exp: 2014-09-21→ Common Stock (30,000 underlying) - 100,000
Stock Options (Right to buy)
Exercise: $4.84Exp: 2018-09-22→ Common Stock (100,000 underlying) - 30,000
Stock Options (Right to buy)
Exercise: $16.69From: 2001-09-22Exp: 2010-09-22→ Common Stock (30,000 underlying) - 50,000
Stock Options (Right to buy)
Exercise: $17.68From: 2003-06-06Exp: 2012-06-06→ Common Stock (50,000 underlying) - 12,500
Stock Options (Right to buy)
Exercise: $12.06From: 2007-09-22Exp: 2013-09-22→ Common Stock (12,500 underlying) - 30,000
Stock Options (Right to buy)
Exercise: $13.13From: 2002-09-21Exp: 2011-09-21→ Common Stock (30,000 underlying) - 48,752
Stock Options (Right to buy)
Exercise: $6.04From: 2006-05-24Exp: 2015-05-24→ Common Stock (48,752 underlying) - 37,500
Stock Options (Right to buy)
Exercise: $16.79From: 2007-05-25Exp: 2013-05-24→ Common Stock (37,500 underlying)
Footnotes (6)
- [F1]The Company withheld these shares to satisfy the Company's tax withholding obligation as permitted under the Company's 2004 Equity Incentive Compensation Plan.
- [F2]3,750 of these shares are restricted stock awards that vest in cumulative increments of one-half (1/2) each at the end of 36 months and 48 months from September 21, 2007.
- [F3]Restricted stock awards vest in cumulative increments of one-fourth (1/4) each at the end of 12 months, 24 months, 36 months, and 48 months from date granted.
- [F4]Option is exercisable in cumulative increments of one-fourth (1/4) each at the end of 12 months, 24 months, 36 months, and 48 months from date granted. The date indicated above is the date upon which the first increment becomes exercisable.
- [F5]Option is exercisable one-fourth at the end of 12 months, then an additional 1/16 each subsequent three months. The date indicated above is the date upon which the first increment becomes exercisable.
- [F6]Options may be exercisable upon the achievement of various stock price points in the marketplace as follows: 18,182 shares at $10; 18,181 shares at $13; 21,212 shares at $16; 21,212 shares at $19; and 21,213 shares at $22. In order to vest the shares, the closing price must achieve and hold the price points above a period of twenty (20) consecutive trading days. If after five years any of these options have failed to vest, then the unvested options will be rescinded at that point.