Balsys Raymond 4
4 · PARLUX FRAGRANCES INC · Filed Apr 19, 2012
Insider Transaction Report
Form 4
Balsys Raymond
Chief Financial Officer
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2012-04-18−60,000→ 0 totalExercise: $4.60Exp: 2012-10-11→ Common Stock (60,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2012-04-18−20,000→ 0 totalExercise: $2.25Exp: 2015-04-01→ Common Stock (20,000 underlying) - Disposition to Issuer
Common Stock
2012-04-18−12,500→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2012-04-18−25,000→ 0 totalExercise: $2.99Exp: 2016-08-01→ Common Stock (25,000 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to merger agreement among issuer, Perfumania Holdings, Inc. and PFI Merger Corp. in exchange for $4.00 in cash per share and 2,500 shares of Perfumania common stock having a market value of $9.38 per share, the closing price on the day preceding the effective date of the merger.
- [F2]This option, which provided for 50% vesting on August 1, 2011 and 50% on August 1, 2012, was converted pursuant to the merger agreement into a fully vested option to purchase 13,333 shares of Perfumania common stock with an exercise price of $5.61 per share.
- [F3]This option, which was fully vested, was converted pursuant to the merger agreement into an option to purchase 10,666 shares of Perfumania common stock with an exercise price of $4.22 per share.
- [F4]This option, which was fully vested, was converted pursuant to the merger agreement into an option to purchase 31,999 shares of Perfumania common stock with an exercise price of $8.63 per share.