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4//SEC Filing

MEDIS TECHNOLOGIES LTD 4

Accession 0001072613-08-001045

CIK 0001090507operating

Filed

Apr 28, 8:00 PM ET

Accepted

Apr 29, 2:56 PM ET

Size

13.8 KB

Accession

0001072613-08-001045

Insider Transaction Report

Form 4
Period: 2008-04-25
FISHER ISRAEL
Senior Vice President-Finance
Transactions
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2008-04-2515,0000 total
    Exercise: $13.08Exp: 2008-11-03Common Stock (15,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2008-04-2520,0000 total
    Exercise: $14.93Exp: 2009-08-26Common Stock (20,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2008-04-2530,0000 total
    Exercise: $20.98Exp: 2010-07-18Common Stock (30,000 underlying)
  • Award

    Common Stock

    2008-04-25+38,00038,000 total
Footnotes (5)
  • [F1]On April 25, 2008, the issuer canceled, pursuant to an Exchange Agreement entered into with the reporting person as of that date, options to purchase an aggregate of 95,000 shares of the issuer's common stock (the "Options") originally granted under the issuer's 1999 Stock Option Plan, as amended. In exchange for the cancellation of the Options, the reporting person received one share of restricted stock under the issuer's 2007 Equity Incentive Plan for every 2.5 Options canceled, for an aggregate of 38,000 shares of restricted stock.
  • [F2]The canceled option vested in full on November 3, 2005.
  • [F3]The canceled option vested in full on December 29, 2005.
  • [F4]The canceled option vested in full on July 18, 2007.
  • [F5]The canceled option was scheduled to vest in full on June 4, 2008.

Issuer

MEDIS TECHNOLOGIES LTD

CIK 0001090507

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001090507

Filing Metadata

Form type
4
Filed
Apr 28, 8:00 PM ET
Accepted
Apr 29, 2:56 PM ET
Size
13.8 KB