Black Peter 4
4 · TEAMSTAFF INC · Filed Jun 19, 2012
Insider Transaction Report
Form 4
TEAMSTAFF INCTSTF
Black Peter
Director
Transactions
- Exercise of In-Money
Subscription Rights (right to buy)
2012-06-15−135,291→ 0 totalExercise: $1.30From: 2012-05-03Exp: 2012-06-15→ Common Stock (71,974 underlying) - Exercise of In-Money
Common Stock
2012-06-15$1.30/sh+30,710$39,923→ 174,751 total
Footnotes (2)
- [F1]Represents shares of the issuer's common stock purchased by the reporting person from the exercise of his basic subscription rights in the issuer's rights offering issued pro rata to holders of common stock of TeamStaff, Inc. on the April 10, 2012 record date for the rights offering. The closing of the rights offering occurred on June 15, 2012.
- [F2]Includes 4,375 shares of restricted stock which are unvested and which may vest within 60 days and includes an additional 4,375 shares of restricted stock which are unvested and subject to additional vesting requirements.