4//SEC Filing
Howson David 4
Accession 0001000096-12-000085
CIK 0000727207other
Filed
Apr 30, 8:00 PM ET
Accepted
May 1, 5:08 PM ET
Size
11.2 KB
Accession
0001000096-12-000085
Insider Transaction Report
Form 4
Howson David
President
Transactions
- Award
Common Stock Options
2012-04-20+5,000→ 305,000 totalExercise: $1.04From: 2012-04-20Exp: 2014-04-20→ Common Stock (5,000 underlying) - Disposition to Issuer
Common Stock Options
2011-08-19+75,000→ 0 totalExercise: $2.57From: 2005-03-16Exp: 2015-03-16→ Common Stock (75,000 underlying) - Award
Common Stock Options
2011-08-19+75,000→ 0 totalExercise: $2.69From: 2011-08-19Exp: 2013-08-19→ Common Stock (75,000 underlying)
Holdings
- 307,600
Common Stock
Footnotes (2)
- [F1]Amount includes 225,000 shares, which may be purchased by Mr. Howson upon exercise of options which options expire on March 15, 2015, an option to acquire 75,000 shares at a price of $2.69 per share that expire on August 19, 2013 and an option to acquire 5,000 shares at $1.04 per share that expire on April 20,2014.
- [F2]Mr. Howson previoiusly owned 75,000 options exercisable at a price of $2.57 per share that would vest if and only if prior to the expiration date of the Options, the Company closed on a transfer for the sale of the Company assets or the acquisition of the Company in which the Company's shareholders receive aggregate consideration at closing equal to or greater than $250,000,000. On August 19, 2011, the Compensation Committee cancelled these options and granted Mr. Howson options that did not contain this contingency at the then closing price of the Company's common stock.
Documents
Issuer
ACCELR8 TECHNOLOGY CORP
CIK 0000727207
Entity typeother
Related Parties
1- filerCIK 0001292013
Filing Metadata
- Form type
- 4
- Filed
- Apr 30, 8:00 PM ET
- Accepted
- May 1, 5:08 PM ET
- Size
- 11.2 KB