Home/Filings/4/0001019687-09-000145
4//SEC Filing

Cortens James 4

Accession 0001019687-09-000145

CIK 0000768892other

Filed

Jan 8, 7:00 PM ET

Accepted

Jan 9, 5:01 PM ET

Size

19.4 KB

Accession

0001019687-09-000145

Insider Transaction Report

Form 4
Period: 2008-12-30
Cortens James
DirectorPresident & COO10% Owner
Transactions
  • Award

    Employee Stock Option (right to buy)

    2008-12-30+287,817287,817 total
    Exercise: $2.23From: 2008-12-30Exp: 2017-11-27Common Stock (287,817 underlying)
  • Award

    Warrant

    2008-12-30+2,3842,384 total
    Exercise: $0.14From: 2008-12-30Exp: 2013-11-09Common Stock (2,384 underlying)
  • Award

    Warrant

    2008-12-30+5,9595,959 total
    Exercise: $0.14From: 2008-12-30Exp: 2013-12-14Common Stock (5,959 underlying)
  • Award

    Employee Stock Option (right to buy)

    2008-12-30+89,37989,379 total
    Exercise: $0.14From: 2008-12-30Exp: 2015-08-01Common Stock (89,379 underlying)
  • Award

    Employee Stock Option (right to buy)

    2008-12-30+616,750616,750 total
    Exercise: $0.16From: 2008-12-30Exp: 2018-12-29Common Stock (616,750 underlying)
  • Award

    Common Stock

    2008-12-30+828,785828,785 total
  • Award

    Warrant

    2008-12-30+8,2238,223 total
    Exercise: $0.14From: 2008-12-30Exp: 2013-12-20Common Stock (8,223 underlying)
Footnotes (7)
  • [F1]Received in exchange for 2,988,975 shares of common stock, 587,564 shares of Series A Preferred Stock, and 83,333 shares of Series C Preferred Stock of BPO Management Services, Inc. ("BPOMS") in connection with the merger (the "Merger") of BPOMS with a wholly owned subsidiary of Healthaxis Inc. ("HAXS"). On the effective date of the Merger, the closing price of HAXS' common stock was $.22 and the closing price of BPOMS' common stock was $.05.
  • [F2]Received in exchange for an employee stock option to acquire 362,300 shares of common stock of BPOMS for $.03 per share, in connection with the Merger.
  • [F3]Received in exchange for an employee stock option to acquire 1,166,666 shares of common stock of BPOMS for $.55 per share, in connection with the Merger.
  • [F4]Received in exchange for a warrant to acquire 9,662 shares of common stock of BPOMS for $.03 per share, in connection with the Merger.
  • [F5]Received in exchange for a warrant to acquire 24,154 shares of common stock of BPOMS for $.03 per share, in connection with the Merger.
  • [F6]Received in exchange for a warrant to acquire 33,333 shares of common stock of BPOMS for $.03 per share, in connection with the Merger.
  • [F7]Received in exchange for an employee stock option to acquire 2,500,000 shares of common stock of BPOMS for $.04 per share, in connection with the Merger.

Issuer

BPO Management Services, Inc.

CIK 0000768892

Entity typeother

Related Parties

1
  • filerCIK 0001452278

Filing Metadata

Form type
4
Filed
Jan 8, 7:00 PM ET
Accepted
Jan 9, 5:01 PM ET
Size
19.4 KB