Ludwig Uwe 4
4 · LASERCARD CORP · Filed Feb 1, 2011
Insider Transaction Report
Form 4
LASERCARD CORPLCRD
Ludwig Uwe
Vice President, Sales-EMEA
Transactions
- Disposition to Issuer
Stock Options (Right to buy)
2011-01-28−20,000→ 0 totalExercise: $13.36Exp: 2014-03-31→ Common Stock (20,000 underlying) - Disposition to Issuer
Stock Options (Right to buy)
2011-01-28$1.21/sh−30,000$36,300→ 0 totalExercise: $4.84Exp: 2018-09-22→ Common Stock (30,000 underlying) - Disposition to Issuer
Stock Options (Right to buy)
2011-01-28−3,750→ 0 totalExercise: $16.79Exp: 2013-05-24→ Common Stock (3,750 underlying) - Disposition to Issuer
Restricted Stock Units
2011-01-28$6.25/sh−1,250$7,813→ 0 totalExercise: $0.00→ Common Stock (1,250 underlying) - Disposition to Issuer
Restricted Stock Units
2011-01-28$6.25/sh−1,326$8,288→ 0 totalExercise: $0.00→ Common Stock (1,326 underlying) - Disposition to Issuer
Restricted Stock Units
2011-01-28$6.25/sh−10,000$62,500→ 0 totalExercise: $0.00→ Common Stock (10,000 underlying) - Disposition to Issuer
Stock Options (Right to buy)
2011-01-28−1,250→ 0 totalExercise: $12.06Exp: 2013-09-22→ Common Stock (1,250 underlying)
Footnotes (3)
- [F1]This option, which was fully exercisable prior to the transaction date, was cancelled in the merger for no consideration.
- [F2]This option, which all have accelerated to vest, was cancelled in the merger in exchange for a cash payment of $42,300, representing the number of shares of common stock subject to such option multiplied by the amount by which $6.25 exceeds the exercise price of the option.
- [F3]Restricted stock units, which all have accelerated to vest, disposed of pursuant to merger agreement between LaserCard Corporation and American Alligator Acquisition Corporation, a wholly owned merger sub of Assa Abloy, Inc., in exchange for the right to receive $6.25 per share.