Klein Michael S 4
4 · ICAD INC · Filed Mar 9, 2023
Insider Transaction Report
Form 4
ICAD INCICAD
Klein Michael S
Director
Transactions
- Disposition to Issuer
Director Stock Option (right to buy)
2018-11-16−90,000→ 0 totalExercise: $2.89Exp: 2023-11-16→ Common Stock (90,000 underlying) - Award
Director Stock Option (right to buy)
2023-03-07+90,000→ 90,000 totalExercise: $2.89Exp: 2028-11-16→ Common Stock (90,000 underlying)
Footnotes (2)
- [F1]On March 7, 2023, the Board of Directors of the Issuer agreed to a modification of the exercise period for certain outstanding stock options granted to the Director in 2018 that would otherwise expire in November 2023 such that they now have an aggregate exercise period of ten years.? No other modification was made to the option.
- [F2]The two reported transactions involved an amendment to an outstanding option, resulting in the cancellation of the "old" option and the grant of a replacement option. The option was originally granted on November 16, 2018 and is fully vested as of the date hereof.