Whitmore Jeffrey C 4
4 · ALPHA INNOTECH CORP · Filed Oct 29, 2009
Insider Transaction Report
Form 4
ALPHA INNOTECH CORPAPNO.OB
Whitmore Jeffrey C
VP - Global Sales
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2009-10-28$0.62/sh−30,000$18,600→ 0 totalExercise: $0.88Exp: 2019-09-01→ Common Stock (30,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2009-10-28$0.52/sh−30,000$15,600→ 0 totalExercise: $0.98Exp: 2018-06-16→ Common Stock (30,000 underlying) - Disposition to Issuer
Common Stock
2009-10-28−175,000→ 0 total
Footnotes (3)
- [F1]Disposed of pursuant to a merger agreement between the Issuer and Cell Biosciences, Inc. in exchange for a cash payment of $1.50 per share on the effective date of the merger.
- [F2]This option, which provided for monthly vesting in equal installments over four years, was canceled in the merger in exchange for a cash payment of $15,600, representing the difference between the exercise price of the option and the merger price ($1.50 per share).
- [F3]This option, which provided for vesting at the rate of 25% after one year and monthly vesting of the remainder in equal installments over the following three years, was canceled in the merger in exchange for a cash payment of $18,600, representing the difference between the exercise price of the option and the merger price ($1.50 per share).