INTERNATIONAL ABSORBENTS INC 4
4 · INTERNATIONAL ABSORBENTS INC · Filed Jun 2, 2010
Insider Transaction Report
Form 4
BENTLEY MICHAEL P
Director
Transactions
- Exercise/Conversion
Stock Options
2010-05-27−10,000→ 0 totalExercise: $3.25From: 2007-07-13Exp: 2010-05-31→ Common Shares (10,000 underlying) - Exercise/Conversion
Common Shares
2010-05-27$4.00/sh+10,000$40,000→ 0 total - Exercise/Conversion
Common Shares
2010-05-27$3.25/sh+10,000$32,500→ 0 total - Exercise/Conversion
Stock Options
2010-05-27−10,000→ 0 totalExercise: $4.00From: 2008-07-19Exp: 2010-12-19→ Common Shares (10,000 underlying) - Disposition to Issuer
Common Shares
2010-05-27$4.75/sh−24,000$114,000→ 0 total
Footnotes (1)
- [F1]Pursuant to the Arrangement Agreement dated December 14, 2009 by and among the Issuer, IAX Aquisition Corporation and IAX Canada Acquisition Company Inc. (the "Arrangement Agreement") effective May 27, 2010, each common share was aquired by IAX Canada Acquisition Company Inc. for cash consideration equal to $4.75 per share.