Howe Roger J 4
4 · Cardiovascular Systems Inc · Filed Nov 20, 2009
Insider Transaction Report
Form 4
Howe Roger J
Director
Transactions
- Sale
Common Stock
2009-11-18$4.82/sh−14,350$69,144→ 0 total(indirect: By Partnership)
Holdings
- 12,940
Stock Option (right to buy)
Exercise: $9.28From: 2004-12-01Exp: 2009-11-30→ Common Stock (12,940 underlying) - 9,705
Stock Option (right to buy)
Exercise: $12.37From: 2005-12-01Exp: 2010-11-30→ Common Stock (9,705 underlying) - 4,321
Stock Option (right to buy)
Exercise: $7.90From: 2007-10-09Exp: 2017-10-08→ Common Stock (4,321 underlying) - 121,490
Stock Option (right to buy)
Exercise: $12.15From: 2007-12-31Exp: 2012-12-30→ Common Stock (121,490 underlying) - 5,714
Restricted Stock Units
→ Common Stock (5,714 underlying) - 11,628
Restricted Stock Units
→ Common Stock (11,628 underlying) - 12,940
Stock Option (right to buy)
Exercise: $8.83From: 2006-12-19Exp: 2016-12-18→ Common Stock (12,940 underlying) - 15,088
Stock Option (right to buy)
Exercise: $11.38From: 2007-11-13Exp: 2017-11-12→ Common Stock (15,088 underlying) - 8,411(indirect: By Partnership)
Warrant
Exercise: $9.28From: 2005-10-25Exp: 2009-11-16→ Common Stock (8,411 underlying)
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.81 to $4.84, inclusive. The reporting person undertakes to provide Cardiovascular Systems, Inc., any security holder of Cardiovascular Systems, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) to this Form 4.
- [F2]Shares held by Sonora Web LLLP, of which Dr. Howe is the General Partner.
- [F3]Each restricted stock unit represents the right to receive a payment from CSI equal in value to the market price per share of CSI common stock on the date of payment and shall be payable in cash beginning six months following the termination of each director's board membership.
- [F4]Each restricted stock unit represents the right to receive a payment from CSI equal in value to the market price per share of CSI common stock on the date of payment, and shall be payable in cash beginning six months following the termination of each director's board membership; provided, however, that the restricted stock units vest in equal quarterly amounts of 2,907 on each of 9/30/2009, 12/31/2009, 3/31/2010 and 6/30/2010.