XETA TECHNOLOGIES INC 4
4 · XETA TECHNOLOGIES INC · Filed Oct 20, 2009
Insider Transaction Report
Form 4
DAVIS SCOTT R
Executive Director-Nortel Sale
Transactions
- Disposition to Issuer
Stock Options (Right to Buy)
2009-10-16$2.95/sh−30,000$88,500→ 0 totalExercise: $2.95From: 2009-10-19Exp: 2011-10-19→ Common Stock (30,000 underlying) - Award
Stock Options (Right to Buy)
2009-10-16$2.54/sh+26,524$67,371→ 26,524 totalExercise: $2.54Exp: 2015-10-16→ Common Stock (26,524 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2009-10-16$4.14/sh−10,000$41,400→ 0 totalExercise: $4.14From: 2010-12-05Exp: 2013-12-05→ Common Stock (10,000 underlying)
Footnotes (3)
- [F1]50% on 10/16/2010; 25% on 10/16/2011; 25% on 10/16/2012.
- [F2]Exchanged for new options to purchase shares of common stock at an exercise price of $2.54/share (reported above) pursuant to the Company's stock option exchange program which commenced 09/17/2009 and terminated 10/16/2009.
- [F3]Granted in exchange for new options surrendered (reported above) pursuant to the Company's stock option exchange program which commenced 09/17/2009 and terminated 10/16/2009.