CORGENIX MEDICAL CORP/CO 4
4 · CORGENIX MEDICAL CORP/CO · Filed Mar 11, 2015
Insider Transaction Report
Form 4
Price Brandon
Director
Transactions
- Disposition to Issuer
"Right to buy" common stock options
2015-03-10−40,000→ 0 totalExercise: $0.21From: 2013-08-27Exp: 2020-08-27→ Common Stock (40,000 underlying) - Disposition to Issuer
"Right to buy" common stock options
2015-03-10−10,000→ 0 totalExercise: $0.21From: 2013-08-27Exp: 2020-07-01→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]Pursuant to its terms, this option is fully vested. Pursuant to the Agreement and Plan of Merger dated as of August 27, 2014, among Corgenix Medical Corp, Centennial Medical Holdings, Inc. and Centennial Integrated, Inc. (the "Merger Agreement"), this stock option was cancelled in the merger in exchange for the right to receive an amount in cash, without interest, equal to the product of the number of shares issuable upon the exercise of such stock option and $0.27 minus the exercise price of such stock option, less any applicable withholding taxes (the "Option Merger Consideration"), which was equal to $2,200.
- [F2]Pursuant to its terms, this option is fully vested. Pursuant to the Merger Agreement, this stock option was canceled in the merger in exchange for the Option Merger Consideration, which was equal to $600.