STEWART MICHAEL R 4
4 · PHOTOMEDEX INC · Filed Apr 1, 2011
Insider Transaction Report
Form 4
PHOTOMEDEX INCPHMD
STEWART MICHAEL R
Chief Operating Officer
Transactions
- Award
PhotoMedex Common Stock
2011-03-30$0.01/sh+100,000$1,000→ 109,124 total
Footnotes (1)
- [F1]Shares issued pursuant to a Restricted Stock Agreement, dated 3-30-11, from the Company's 2005 Equity Compensation Plan at a Purchase Price of $0.01 per share. The shares vest 10% per year of service over ten years, and upon vesting cease to be subject to the Company's right of repurchase. Vesting of the shares is accelerated upon certain defined events, including a change of control. Taxes imposed on the reporting person on account of the vesting of shares in the first vesting year are subject to a tax Gross-Up.