4//SEC Filing
Mickens Michael 4
Accession 0001019687-09-001473
CIK 0001268904other
Filed
Apr 22, 8:00 PM ET
Accepted
Apr 23, 5:09 PM ET
Size
10.6 KB
Accession
0001019687-09-001473
Insider Transaction Report
Form 4
ETRIALS WORLDWIDE INC.ETWC-ETWCW
Mickens Michael
VP Sales & Client Services
Transactions
- Award
Common Stock
2009-02-27+6,544→ 15,411 total - Tax Payment
Common Stock
2009-02-27$0.73/sh−4,338$3,167→ 11,073 total
Holdings
- 50,000
Employee Stock Options (right to buy)
Exercise: $1.54Exp: 2018-08-15→ Common Stock (50,000 underlying) - 50,000
Employee Stock Options (right to buy)
Exercise: $2.47Exp: 2018-02-20→ Common Stock (50,000 underlying)
Footnotes (4)
- [F1]Represents 6,544 shares of common stock approved by the Board of Directors on February 27, 2009 based on achievement of certain Performance Target Goals established by the Board of Directors and Compensation Committee. The number of shares was established based on the closing sales price of the Company's common stock on February 27, 2009 of $.73 per share.
- [F2]Represents a disposition of shares to the Issuer to fund the Reporting Person's tax withholding obligation relating to the vesting of restricted stock granted on March 4, 2008 and the grant of 6,544 shares of stock approved by the Board of Directors on February 27, 2009.
- [F3]Represents a five-year Options to Purchase 50,000 shares granted on February 20, 2008, of which 12,500 shares vest annually and become exercisable commencing on the 20th day of February. 2009, 2010, 2011 and 2012. The grant qualifies for exemption under SEC Rule 16b-3(d).
- [F4]Represents Options to Purchase 50,000 shares approved by the Board of Directors on July 30, 2008, but with an option price effective August 15, 2008, of which 3,125 shares vest quarterly in sixteen equal installments over four years on the 15th day of November, February, May and August, commencing on November 15, 2008. The grant qualifies for exemption under SEC Rule 16b-3(d).
Documents
Issuer
ETRIALS WORLDWIDE INC.
CIK 0001268904
Entity typeother
Related Parties
1- filerCIK 0001429676
Filing Metadata
- Form type
- 4
- Filed
- Apr 22, 8:00 PM ET
- Accepted
- Apr 23, 5:09 PM ET
- Size
- 10.6 KB