DATAKEY INC 4
4 · DATAKEY INC · Filed Dec 15, 2004
Insider Transaction Report
Form 4
DATAKEY INCDKEY
COURTNEY EUGENE W
Other
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2004-12-15$0.06/sh−2,500$150→ 0 totalExercise: $0.59Exp: 2013-05-27→ Common Stock (2,500 underlying)
Footnotes (2)
- [F1]The option, which was fully exercisable, was cancelled pursuant to a merger agreement by and among the Issuer, SafeNet, Inc. and Snowflake Acquisition Corp.("Snowflake"), a wholly-owned subsidiary of SafeNet (the "Merger"), in exchange for a cash payment of $150, representing the difference between the exercise price of the option and the purchase price provided for in the Merger ($0.65).
- [F2]The option, which was fully exercisable, was assumed by Snowflake and replaced with an option to purchase 47 shares of SafeNet common stock for $38.57 per share pursuant to the Merger.