WENGROVER BERNARD 4
4 · MEDICAL ACTION INDUSTRIES INC · Filed Aug 19, 2003
Insider Transaction Report
Form 4
WENGROVER BERNARD
Director
Transactions
- Other
Common Stock, $.001 Par Value
2003-08-14$13.97/sh+2,500$34,925→ 51,000 total - Other
Non-Employee Director Stock Option Plan (Right to Buy)
2003-08-14+7,500→ 7,500 total→ Common Stock (7,500 underlying)
Footnotes (1)
- [F1]THESE OPTIONS WERE GRANTED UNDER THE MEDICAL ACTION INDUSTRIES INC. ("MAI") 1996 NON-EMPLOYEE DIRECTORS STOCK OPTION PLAN, A RULE 16b-3 PLAN, BETWEEN 8/15/01 AND 8/14/03 AT AN EXERCISE PRICE RANGING BETWEEN $12.55 AND $13.97 PER SHARE. SUCH OPTIONS, WHICH ARE IMMEDIATELY EXERCISABLE AND WILL EXPIRE BETWEEN 8/15/11 AND 8/14/13.