Janco Jeffrey M 4
4 · MEDICAL NUTRITION USA INC · Filed Jul 26, 2010
Insider Transaction Report
Form 4
Janco Jeffrey M
Sr. VP, COO
Transactions
- Disposition to Issuer
Stock Options
2010-07-22$2.80/sh−75,000$210,000→ 0 totalExercise: $1.20From: 2004-07-08Exp: 2013-07-08→ Common Stock (75,000 underlying) - Disposition to Issuer
Common Stock
2010-07-22$4.00/sh−91,176$364,704→ 0 total - Disposition to Issuer
Stock Options
2010-07-22$2.10/sh−75,000$157,500→ 0 totalExercise: $1.90From: 2005-03-17Exp: 2014-03-17→ Common Stock (75,000 underlying) - Disposition to Issuer
Stock Options
2010-07-22$1.48/sh−75,000$111,000→ 0 totalExercise: $2.52From: 2005-12-08Exp: 2014-12-08→ Common Stock (75,000 underlying) - Disposition to Issuer
Stock Options
2010-07-22$1.30/sh−75,000$97,500→ 0 totalExercise: $2.70From: 2006-12-07Exp: 2015-12-07→ Common Stock (75,000 underlying)
Footnotes (3)
- [F1]The amount includes 35,001 shares of restricted stock for which the restrictions lapsed pursuant the terms of the merger agreement.
- [F2]On the transaction date, the underlying stock options were cancelled in connection with the consummation of the merger transaction. In connection with the cancellation, the reporting person received an amount equal to $4.00 per share less the respective exercise price per share for each share underlying the option.
- [F3]These options became exercisable 1/3 each year over three years. The date here represents the first vesting date to which options became exercisable.