4//SEC Filing
Price-Francis Stephen D 4
Accession 0000030140-09-000018
CIK 0000030140other
Filed
Sep 22, 8:00 PM ET
Accepted
Sep 23, 2:04 PM ET
Size
17.6 KB
Accession
0000030140-09-000018
Insider Transaction Report
Form 4
LASERCARD CORPLCRD
Price-Francis Stephen D
VP, Marketing
Transactions
- Tax Payment
Common Stock
2009-09-21$8.10/sh−211$1,709→ 15,621 total
Holdings
- 6,750
Stock Options (Right to buy)
Exercise: $14.98From: 2003-12-10Exp: 2012-12-10→ Common Stock (6,750 underlying) - 18,750
Stock Options (Right to buy)
Exercise: $16.79From: 2007-05-24Exp: 2013-05-24→ Common Stock (18,750 underlying) - 30,000
Stock Options (Right to buy)
Exercise: $4.84Exp: 2018-09-22→ Common Stock (30,000 underlying) - 5,000
Stock Options (Right to buy)
Exercise: $13.13From: 2002-09-21Exp: 2011-09-21→ Common Stock (5,000 underlying) - 10,000
Stock Options (Right to buy)
Exercise: $10.40From: 2008-09-21Exp: 2014-09-21→ Common Stock (10,000 underlying) - 31,000
Stock Options (Right to buy)
Exercise: $6.04From: 2006-05-24Exp: 2015-05-24→ Common Stock (31,000 underlying) - 3,000
Stock Options (Right to buy)
Exercise: $16.69From: 2001-09-22Exp: 2010-09-22→ Common Stock (3,000 underlying) - 6,250
Stock Options (Right to buy)
Exercise: $12.06From: 2007-09-22Exp: 2013-09-22→ Common Stock (6,250 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]1,250 of these shares are restricted stock awards that vest in cumulative increments of one-third (1/2) each at the end of 36 months and 48 months from September 21, 2007.
- [F3]7,069 of these shares are restricted stock awards that vest in cumulative increments of one-fourth (1/4) each at the end of 12 months, 24 months, 36 months, and 48 months from July 8, 2009.
- [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: 5,454 shares at $10; 5,455 shares at $13; 6,363 shares at $16; 6,364 shares at $19; and 6,364 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.
Documents
Issuer
LASERCARD CORP
CIK 0000030140
Entity typeother
Related Parties
1- filerCIK 0001311363
Filing Metadata
- Form type
- 4
- Filed
- Sep 22, 8:00 PM ET
- Accepted
- Sep 23, 2:04 PM ET
- Size
- 17.6 KB