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4//SEC Filing

LESTER JOSEPH P 4

Accession 0001042167-05-000188

CIK 0000812121other

Filed

May 30, 8:00 PM ET

Accepted

May 31, 4:28 PM ET

Size

9.8 KB

Accession

0001042167-05-000188

Insider Transaction Report

Form 4
Period: 2005-05-26
LESTER JOSEPH P
VP and General Manager
Transactions
  • Exercise/Conversion

    Common Stock, par value $.04 per share

    2005-05-26$1.88/sh+9,125$17,1099,125 total
  • Exercise/Conversion

    Common Stock Option

    2005-05-269,1250 total
    Exercise: $1.88From: 2001-12-20Exp: 2005-12-20Common Stock (9,125 underlying)
  • Sale

    Common Stock, par value $.04 per share

    2005-05-26$4.29/sh9,125$39,1460 total
Footnotes (2)
  • [F1]The common stock option vested in the following amounts on the following dates: 12,500 shares vested on each of December 20, 2001; December 20, 2002; December 20, 2003; and December 20, 2004.
  • [F2]Pursuant to a Qualified Domestic Relations Order ("QDRO") entered into between the reporting person and the reporting person's former spouse, the economic benefits associated with 27% of the shares underlying the common stock option were transferred by the reporting person to his former spouse. The reporting person disclaims beneficial ownership in the shares transferred pursuant to the QDRO. Consequently, the amount of the common stock option that was exercised for the benefit of the reporting person was 73% of 12,500 and the amount of the common stock option beneficially owned after the exercise was 0. The reporting person's former spouse is deemed to beneficially own the remaining portion of the option exercised (3,375 option shares).

Issuer

CRITICARE SYSTEMS INC /DE/

CIK 0000812121

Entity typeother

Related Parties

1
  • filerCIK 0001261292

Filing Metadata

Form type
4
Filed
May 30, 8:00 PM ET
Accepted
May 31, 4:28 PM ET
Size
9.8 KB