4//SEC Filing
Bruce Douglas Michael 4
Accession 0000950138-09-000609
CIK 0001289340other
Filed
Sep 15, 8:00 PM ET
Accepted
Sep 16, 5:53 PM ET
Size
18.0 KB
Accession
0000950138-09-000609
Insider Transaction Report
Form 4
Bruce Douglas Michael
Chief Tech./Operations Officer
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2009-09-14−25,000→ 0 totalExercise: $10.24From: 2008-02-07Exp: 2012-02-07→ Common Stock (25,000 underlying) - Award
Employee Stock Option (Right to Buy)
2009-09-14+16,647→ 16,647 totalExercise: $4.10From: 2010-09-14Exp: 2013-02-05→ Common Stock (16,647 underlying) - Award
Stock Appreciation Right
2009-09-14+1,410→ 1,410 totalExercise: $4.10From: 2010-09-14Exp: 2011-02-22→ Common Stock (1,410 underlying) - Disposition to Issuer
Stock Appreciation Right
2009-09-14−21,100→ 0 totalExercise: $12.03From: 2007-02-22Exp: 2011-02-22→ Common Stock (21,100 underlying) - Award
Employee Stock Option (Right to Buy)
2009-09-14+7,765→ 7,765 totalExercise: $4.10From: 2010-09-14Exp: 2012-02-07→ Common Stock (7,765 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2009-09-14−25,000→ 0 totalExercise: $6.86From: 2009-02-05Exp: 2013-02-05→ Common Stock (25,000 underlying)
Footnotes (8)
- [F1]The cancelled stock appreciation right vested as follows: (1) 25% vested one year after the date of grant, and (2) the remaining 75% vested ratably per month over the next three years.
- [F2]On September 14, 2009, the issuer cancelled, pursuant to the issuer's option exchange program described in the Schedule TO filed by the issuer on August 17, 2009 (the "Option Exchange Program"), the stock appreciation right granted to the reporting person on February 22, 2006. In exchange for such cancelled stock appreciation right the reporting person received a stock appreciation right with respect to 1,410 shares of common stock, with an exercise price of $4.10 per share.
- [F3]The cancelled stock option vested as follows: (1) 25% vested one year after the date of grant, and (2) the remaining 75% vested ratably per month over the next three years.
- [F4]On September 14, 2009, the issuer cancelled, pursuant to the Option Exchange Program, the employee stock option granted to the reporting person on February 7, 2007. In exchange for such cancelled stock option, the reporting person received a stock option to purchase 7,765 shares of common stock at an exercise price of $4.10 per share.
- [F5]The stock option vests as follows: (1) 6,956 shares vest one year after the date of grant, and (2) the remaining 809 shares vest ratably per month over the next 5 months.
- [F6]The cancelled stock option vested as follows: 25% vested one year after the date of grant and 2.0833% each month thereafter.
- [F7]On September 14, 2009, the issuer cancelled, pursuant to the Option Exchange Program, the employee stock option granted to the reporting person on February 5, 2008. In exchange for such cancelled stock option, the reporting person received a stock options to purchase 16,647 shares of common stock at an exercise price of $4.10 per share.
- [F8]The stock option vests as follows: (1) 10,751 shares vest one year after the date of grant, and (2) the remaining 5,896 shares vest ratably per month over the next 17 months.
Documents
Issuer
Stereotaxis, Inc.
CIK 0001289340
Entity typeother
Related Parties
1- filerCIK 0001298788
Filing Metadata
- Form type
- 4
- Filed
- Sep 15, 8:00 PM ET
- Accepted
- Sep 16, 5:53 PM ET
- Size
- 18.0 KB