MARTIN RICHARD O 4
4 · Pet DRx CORP · Filed Jul 6, 2010
Insider Transaction Report
Form 4
Pet DRx CORPVETS
MARTIN RICHARD O
Director
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2010-07-01−39,000→ 0 totalExercise: $0.14Exp: 2019-03-18→ Common Stock (5,274 underlying) - Sale
Common Stock
2010-07-01$0.34/sh−5,274$1,768→ 0 total - Exercise/Conversion
Common Stock
2010-07-01+5,274→ 5,274 total
Footnotes (3)
- [F1]The per share purchase price of the common stock of Pet DRx Corproation of $0.33523 (the "Per Share Purchase Price") was determined in connection with that certain Stock Purchase Agreement, dated as of June 2, 2010, by and among Snow Merger Acquisition, Inc., VCA Antech, Inc., Harry L. Zimmerman, an individual in his capacity as the sellers' representative, and those parties listed as a seller on the signature pages thereto.
- [F2]The stock option exercise price shown above equals the difference between (i) the Per Share Purchase Price and (ii) the per-share exercise price pursuant to the terms of the stock option, which is $0.20.
- [F3]33.33% of the options vested immediately upon the date of grant, and 2.78% vest ratably each month thereafter.