BOVIE MEDICAL CORP 4
4 · BOVIE MEDICAL CORP · Filed Sep 15, 2014
Insider Transaction Report
Form 4
Sheffield Ian
Director10% Owner
Transactions
- Award
Stock Option (Option to Buy)
2014-07-17+12,000→ 12,000 totalExercise: $3.81From: 2015-07-17Exp: 2014-07-17→ Common Stock (12,000 underlying)
Footnotes (2)
- [F1](1) Reporting person was granted a stock option to vest and be exercisable over 3 years at the rate of 33.33% of the option on the anniversary date of each succeeding year and shall become fully vested and fully exercisable on the third anniversary of the date of grant.
- [F2](2) The amounts shown represent the beneficial ownership of the issuer's securities by funds and certain managed accounts managed by Great Point Partners LLC (the "GPP Investors"), which may be deemed attributable to Mr. Sheffield. Mr. Sheffield serves as a director of the issuer as a representative of Great Point Partners LLC acting on behalf of the GPP Investors, and accordingly Great Point Partners LLC and the GPP Investors may be deemed to be a director by deputization. Great Point Partners, LLC and Mr. Sheffield each disclaim beneficial ownership of the shares except to the extent of his pecuniary interest therein.