PHOTOMEDEX INC 4
4 · PHOTOMEDEX INC · Filed Dec 16, 2014
Insider Transaction Report
Form 4
PHOTOMEDEX INCPHMD
Ben Dror Yoav
Director
Transactions
- Award
PhotoMedex Common Stock
2014-12-12$2.19/sh+115,000$251,850→ 1,495,921 total - Award
PhotoMedex, Inc. Warrants
2014-12-12+57,500→ 57,500 totalExercise: $2.25From: 2015-12-12Exp: 2017-12-12→ PhotoMedex, Inc. Common Stock (57,500 underlying)
Footnotes (1)
- [F1]Warrants vest on the anniversary of the issuance of the warrant (December 12, 2015). Warrants may be exercised in whole or in part if the Company enters into a major transaction (including a merger, consolidation, business combination, tender offer, exchange of shares, recapitalization, reorganization, redemption or other similar event, or the sale of all or, substantially all of its assets). Warrants are subject to a forced exercise if the arithmetic average of the Volume Weighted Average Price of the Company's common stock for any twenty (20) trading days during a consecutive twenty (20) trading day period equals or exceeds $5.00 U.S.