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IMAGE SENSING SYSTEMS INC·4

May 22, 5:02 PM ET

MICHALOPOULOS PANOS G 4

4 · IMAGE SENSING SYSTEMS INC · Filed May 22, 2012

Insider Transaction Report

Form 4
Period: 2012-05-18
IMAGE SENSING SYSTEMS INCISNS
MICHALOPOULOS PANOS G
Director
Transactions
  • Exercise/Conversion

    Common Stock

    2012-05-18$3.10/sh+15,000$46,500→ 319,298 total(indirect: By LLC)
  • Award

    Non-qualified Stock Option (Right to Buy)

    2012-05-18+4,000→ 4,000 total
    Exercise: $6.12Exp: 2016-05-18→ Common Stock (4,000 underlying)
  • Exercise/Conversion

    Non-qualified Stock Option (Right to Buy)

    2012-05-18−15,000→ 11,000 total(indirect: By LLC)
    Exercise: $3.10From: 2002-09-20Exp: 2012-09-20→ Common Stock (15,000 underlying)
Footnotes (3)
  • [F1]All of the equity interests of Transatlantic Emporium & Tech Exchange LLC are owned by the reporting person.
  • [F2]The option, representing the right to purchase a total of 36,000 shares, became exercisable as to 24,000 shares on December 31, 2002 and 12,000 shares on December 31, 2003.
  • [F3]The option vests on April 18, 2013.

Documents

1 file
  • 4
    image122243michal_4.xmlPrimary

    OWNERSHIP DOCUMENT