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4//SEC Filing

MEDICAL NUTRITION USA INC 4

Accession 0001019056-10-000941

CIK 0000722617operating

Filed

Jul 25, 8:00 PM ET

Accepted

Jul 26, 7:18 PM ET

Size

16.9 KB

Accession

0001019056-10-000941

Insider Transaction Report

Form 4
Period: 2010-07-22
NEWMAN FRANK A
DirectorChairman, CEO10% Owner
Transactions
  • Disposition to Issuer

    Stock Options

    2010-07-22$2.00/sh150,000$300,0000 total
    Exercise: $2.00From: 2004-03-06Exp: 2013-03-06Common Stock (150,000 underlying)
  • Disposition to Issuer

    Stock Options

    2010-07-22$1.48/sh150,000$222,0000 total
    Exercise: $2.52From: 2005-12-08Exp: 2014-12-08Common Stock (150,000 underlying)
  • Disposition to Issuer

    Common Stock

    2010-07-22$4.00/sh1,858,799$7,435,1960 total
  • Disposition to Issuer

    Stock Options

    2010-07-22$2.10/sh150,000$315,0000 total
    Exercise: $1.90From: 2005-03-17Exp: 2014-03-17Common Stock (150,000 underlying)
  • Disposition to Issuer

    Stock Options

    2010-07-22$1.30/sh150,000$195,0000 total
    Exercise: $2.70From: 2006-12-07Exp: 2015-12-07Common Stock (150,000 underlying)
  • Disposition to Issuer

    Stock Options

    2010-07-22$3.25/sh12,000$39,0000 total
    Exercise: $0.75From: 2003-11-04Exp: 2012-11-04Common Stock (12,000 underlying)
Footnotes (3)
  • [F1]The amount includes 50,001 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.

Issuer

MEDICAL NUTRITION USA INC

CIK 0000722617

Entity typeoperating
IncorporatedNJ

Related Parties

1
  • filerCIK 0000722617

Filing Metadata

Form type
4
Filed
Jul 25, 8:00 PM ET
Accepted
Jul 26, 7:18 PM ET
Size
16.9 KB