OBRIEN JAMES T 4
4 · DERMA SCIENCES, INC. · Filed Apr 18, 2012
Insider Transaction Report
Form 4
OBRIEN JAMES T
Director
Transactions
- Tax Payment
common stock
2012-04-16$8.76/sh−4,658$40,804→ 28,042 total - Exercise/Conversion
stock option (right to buy)
2012-04-16−10,000→ 0 totalExercise: $4.08From: 2002-05-12Exp: 2012-05-12→ common stock (10,000 underlying) - Exercise/Conversion
common stock
2012-04-16$4.08/sh+10,000$40,800→ 32,700 total
Footnotes (4)
- [F1]Reflects 1-for-8 reverse stock split of common stock effective February 1, 2010.
- [F2]Shares delivered in connection with the cashless exercise of 10,000 options, previously granted pursuant to the issuer's stock option plan, at an exercise price of $4.08, as reported herein.
- [F3]The options, granted pursuant to the issuer's stock option plan, vested as to 25% on May 12, 2002, the date of the execution of the stock option agreement reflecting the grant, and vested as to an additional 25% on May 12 of 2003, 2004 and 2005.
- [F4]The options were originally granted in consideration of the reporting person's services to the issuer and without payment of cash consideration, pursuant to the issuer's stock option plan.