Bruce Douglas Michael 4
4 · Stereotaxis, Inc. · Filed Feb 17, 2011
Insider Transaction Report
Form 4
Bruce Douglas Michael
Chief Tech./Operations Officer
Transactions
- Award
Stock Appreciation Right
2011-02-15+94,500→ 94,500 totalExercise: $3.52From: 2012-02-15Exp: 2021-02-15→ Common Stock (94,500 underlying) - Award
Common Stock
2011-02-15+24,300→ 135,848 total
Holdings
- 100(indirect: Daughter)
Common Stock
Footnotes (3)
- [F1]Grant to reporting person of shares of restricted stock having a fair market value of $3.52 per share on the date of grant. The shares are subject to forfeiture if certain performance criteria are not achieved over time.
- [F2]The stock appreciation rights vest as follows: (1) 25% vest one year after the date of grant, and (2) the remaining 75% vest ratably per month over the next three years.
- [F3]Price is not applicable to acquisitions resulting from grants of stock appreciation rights.