Walker Melissa 4
4 · Stereotaxis, Inc. · Filed Sep 16, 2009
Insider Transaction Report
Form 4
Walker Melissa
Sr. VP, Reg., Quality & Compl.
Transactions
- Disposition to Issuer
Stock Appreciation Right
2009-09-14−20,000→ 0 totalExercise: $12.35From: 2007-02-23Exp: 2011-02-23→ Common Stock (20,000 underlying) - Award
Stock Appreciation Right
2009-09-14+832→ 832 totalExercise: $4.10From: 2010-09-14Exp: 2010-09-28→ Common Stock (832 underlying) - Disposition to Issuer
Stock Appreciation Right
2009-09-14−17,500→ 0 totalExercise: $7.80From: 2006-06-16Exp: 2010-06-16→ Common Stock (17,500 underlying) - Award
Stock Appreciation Right
2009-09-14+1,227→ 1,227 totalExercise: $4.10From: 2010-09-14Exp: 2011-02-23→ Common Stock (1,227 underlying)
Footnotes (3)
- [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 June 16, 2005. In exchange for such cancelled stock appreciation right the reporting person received a stock appreciation right with respect to 832 shares of common stock, with an exercise price of $4.10 per share.
- [F3]On September 14, 2009, the issuer cancelled, pursuant to the Option Exchange Program, the stock appreciation right granted to the reporting person on February 23, 2006. In exchange for such cancelled stock appreciation right the reporting person received a stock appreciation right with respect to 1,227 shares of common stock, with an exercise price of $4.10 per share.